NEWS PureCycle moves into Europe
Recycling technology company PureCycle has announced plans to build its first solvent-based PP recycling plant in Europe. Work is expected to begin on the facility at the Port of Antwerp in Belgium in 2024. PureCycle said the
Antwerp plant will have an initial annual capacity of 59,000 tonnes/yr, but the 14ha site has space for expansion to 240,000 tonnes in the future. It said it is currently engaged in feedstock sourcing and financial planning with the
Left: A Krauss Maffei extruder being delivered to PureCycle’s Ironton site
intent to secure a final project timeline by mid-2023. The announcement comes as its major US investment at Ironton in
Ohio nears completion. The company took delivery of the final extruder for the operation from Krauss Maffei in December, which it
Ineos signs JV with Sinopec
Ineos and Sinopec have announced a new JV that sees Ineos take a 50% share in Sinopec’s existing Tianjin Nangang Ethylene Project in China. The project at Tianjin includes a 1.2m tonne/yr ethane cracker, which is expected to come on- stream at the end of this
year, and a number of derivative units including a 300,000 tonne/yr ABS production plant and a previously announced 500,000 tonne HDPE plant. The ABS plant will use
Ineos Terluran technology and is the second of three ABS units that Ineos has agreed to build and operate
with Sinopec in China, the first a 600,000 tonne plant under construction at Ningbo. The Tianjin HDPE plant is the first of three the two companies are planning together and will produce Ineos pipe grade resins. �
www.ineos.com �
www.sinopec.com
Techmer PM targets Latin America
US compounder Techmer PM has appointed Ricardo Vásquez as General Manager for the Latin America region, where he will develop the company’s growing position in the agricultural, automo- tive, healthcare, and packag- ing markets. Educated in Guatemala,
Techmer PM has appointed Ricardo Vásquez General Manager Latin America
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Vásquez holds an MBA from Universidad Mesoamericana and a masters degree in Chemical Industrial Engi- neering from Universidad
COMPOUNDING WORLD | January 2023
Rafael Landívar. He previ- ously spent around 20 years with BASF Mexicana, most recently as Business Director. Techmer PM CEO Michael McHenry said Vásquez brings significant commercial and operations experience to the company. “Ricardo’s team leadership will be instrumental in the execution of Techmer PM’s customer- centric growth strategy in the region”, he said. �
www.techmerpm.com
puts it on track to begin pellet production in Q1 of this year. When fully operational, it will have an annual capacity of around 48,000 tonnes. PureCycle also recently announced a JV agreement with global energy company SK geo centric to open its first PP recycling plant in Asia in 2025. �
www.purecycle.com �
www.kraussmaffei.com
IN BRIEF...
Asahi Kasei, together with Japan’s National Institute of Technology, Kitakyushu College and Tokyo University of Science, has developed a new process to recycle continuous carbon fibre from thermo- set or thermoplastic composite parts.
www.asahi-kasei.com
BASF has appointed Dr Achim Sties to lead its Singapore-headquartered global plastic additives business unit effective from 1 January 2023.
www.basf.com
Finnish energy company Fortum has announced that its Circo polymer compound, which is produced from post-con- sumer plastic waste, is now certified compliant with the EU Toy Safety Standard EN 71-3.
www.fortum.com
www.compoundingworld.com
IMAGE: TECHMER PM IMAGE: PURECYCLE
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