Page 35 - Plastics News November 2022

INEOS signs agreement with Plastic Energy for M. Holland - Integrating
its largest plant to produce 100,000 tonnes of raw Masterbatch PCR Carrier
materials from plastic waste Resins to Support

Sustainability Goals

ustainability has evolved from
Sa trend to a force driving the
modern plastics industry. The sus-
tainable packaging market is pro-
jected to reach $117 billion by the
end of 2025, in part due to the in-
• The agreement follows a produce 100,000 tonnes per annum creased availability of viable post-
collaboration between both of recycled raw materials from plastic consumer recycled (PCR) plastics.
companies to explore the waste. This will be the largest use According to Plastics News, many
construction of a commercial of Plastic Energy technology on the companies have established goals,
scale plant which began in 2020. market. These new raw materials will some of which are quite aggres-

• The recycled material has already enable a circular approach to produce sive, to increase the use of PCR
been successfully converted into essential plastic items that meet the content by 2025.
virgin-quality polymer through requirements of demanding food The use of recycled material was
the INEOS cracker at Köln, contact and medical applications. previously limited to plastic prod-
Germany, and used by selected Production will be based in Köln, ucts that did not require color.
customers and brands. Germany. Plastic Energy’s patented Luckily, new products made from
• As well as reducing the risk of TAC™ recycling technology will PCR materials, like carrier resins
plastic pollution re-use of ‘end of turn difficult-to-recycle plastic waste for masterbatches from M. Hol-
life’ plastic will also help to reduce otherwise destined for incineration land, can be colored. Now that
total emissions, supporting the or landfill, into a valuable raw material colored PCR material is possible,
transition to net zero. TACOIL™, a Plastic Energy product companies are better able to incor-
that can be used to create virgin-
• Rob Ingram, CEO INEOS quality polymers. porate recycled plastics into their
Olefins & Polymers Europe said: sustainability strategies.
“This is further evidence of our INEOS will also invest in technology to The masterbatch PCR carrier res-
commitment to creating a more process the TACOIL™ further before ins now on the market allow brands
sustainable future for our industry feeding it to their steam crackers, like TRESemme, Dove and Garnier
and in particular developing a where it will replace traditional raw Fructis to create branded, colored
circular economy that keeps materials derived from oil. This use plastics made with up to 100% re-
valuable materials in use and out of advanced recycling enables plastic cycled materials. These materials
of the environment.” waste to be turned into new, virgin- substantially support plastics com-
quality materials that can be used in
INEOS Olefins & Polymers Europe and demanding applications where safety panies working to achieve their
Plastic Energy, have today announced standards require the highest level of sustainable manufacturing goals.
a Memorandum Of Understanding to product purity and performance.

November 2022 PLASTICS NEWS 35