Page 48 - Plastics News Issue November - 2024
P. 48
BUSINESS NEWS
secure feedstock for its Circulen line of poly- ecutives said during a quarterly earnings call in
mers. August. The Houston refinery was originally slat-
ed to close by the end of 2023 but was delayed
LyondellBasell still plans to shut down its only as a result of strong gasoline profit margins.
refinery by the end of Q1 2025 and to site its
second chemical recycling investment there, ex- Source – Plastics Recycling Update
Redwave and Tomra announce agreement
to offer complete solution for Zorba sorting
Effective from November 1st, 2024, Redwave
and Tomra Recycling will offer each other’s
complementary metal sorting technologies di-
rectly to their respective customers. By facilitat-
ing access to the combined technologies in one
go, the companies aim to address the growing
demand for Zorba sorting processes.
This non-exclusive agreement will be particu-
larly beneficial to recyclers and plant operators
in Zorba sorting. Zorba, a mix of non-ferrous
metals, requires a multi-step, precise process to
maximize recovery and value.
Source – Recycling magazine
edwave and Tomra have announced a
strategic agreement aimed at provid-
Ring customers with a seamless supply of
sorting systems based on XRF and XRT technol-
ogy.
48 PLASTICS NEWS November 2024
