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VinylPlus: PVC recycling on track to meet target
PVC recycling rose by nearly 11% in Europe last year – put- ting it on track to reach its 2020 target. Recycling levels exceeded
560,000 tonnes last year according to Brigitte Dero, general manager of VinylPlus – the European PVC industry’s 10-year voluntary commitment to sustainability. The target is to recycle
800,000 tonnes per year by 2020. At the current rate of growth in recycling, this looks achievable: the amount recycled in 2016 was nearly 11% higher than it was in 2015. If this rate of growth can be sustained, the industry will hit its 2020 target. “VinylPlus is now considered by many as a frontrunner for the circular economy,” she said. “We reached this position by achieving significant and concrete results and have consistently demonstrated our commitment through action.”
Dero: “VinylPlus is now considered a frontrunner for the circular economy”
Tessenderlo adds profits from pipes
Belgian industrial company Tessenderlo found that increased revenues from its plastic pipe systems division helped to offset losses elsewhere in the group. Overall, sales in the
company fell by nearly 2% to €1.54bn. Despite this, profitability (REBITDA) rose more than 7% to nearly €196m. However, sales in its
More than 3.5 million tonnes
of PVC has now been recycled since 2000, with the largest volumes from window profiles, followed by cables and flexible applications, pipes and fittings. “We have demonstrated
through the VinylPlus Voluntary Commitment that we can divert from landfill significant volumes of PVC waste, thereby contrib- uting to resource efficiency,” Dero added.
Other recent achievements include the development of an Additives Sustainability Framework – a new science- based system for assessing the sustainable use of additives in PVC products. The first ASF is almost complete for window profiles. l More news on PVC recycling can be found in our feature on page 21. ❙
www.vinylplus.eu
industrial systems division, which includes plastic pipes, rose nearly 5% to €477m. This equated to a REBIT of over €45m. “The 2016 REBITDA
increased by 5.8% – or by 6.8% when excluding the foreign exchange rate effect,” said the company. “This is mainly supported by the improved performance of Plastic Pipe Systems and Mining & Industrial.” ❙
www.tessenderlo.com
Simona moves ahead desite woes in pipe division
Simona, the German extruder of pipe and sheet, recorded a small increase in sales last year – though its pipes division performed poorly. The company grew by
Moyses: “Satisfactory profit from pipes and fittings despite revenue decline”
www.pipeandprofile.com
nearly 2% last year, taking sales to nearly €377m ($412m). Profitability (EBIT) rose by almost 13% to exceed €30m. (It has since posted a Q1 sales rise of 11% in 2017.) “Fiscal 2016 was a good
year for Simona – driven by a dynamic performance in the
United States and improved profitability within our semi- finished products business in Europe,” said Wolfgang Moyses, CEO of Simona. Sales within the pipes and fittings division fell by nearly 8% to around €77m. The division was adversely affected by sluggish infrastructure business, especially in the second half of the year. This business was affected by the absence of suitable projects, especially within the
district heating and lignite markets in Europe, said Simona – adding that sales relating to industrial piping systems rose slightly. “Our solid bottom-line
result was attributable mainly to strong earnings in the US, improved profitability within our semi-finished products business in Europe and satisfactory profit from pipes and fittings – despite a decline in revenue,” says Moyses. ❙
www.simona.de
May 2017 | PIPE & PROFILE EXTRUSION 5
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