NEWS
GCR to build 200ktpa PO recycling plant
NC7000 TM
Spanish compounder GCR has announced plans to open a dedi- cated recycling plant in Castellet i La Gornal, close to Barcelona in Spain, to meet increased demand for its Ciclic range of recycled polyolefins. Ciclic polyolefins are based on up-cycling of fully-traceable waste to deliver similar material properties as virgin plastic. It claims a carbon
PLASTICYL TM IMAGE: GCR
footprint reduction of 60-80% lower compared to virgin alternatives. The company says that when fully
operational in 2025 the 200,000 tonne plant will be one of the largest of its kind. The facility will lift its capacity for Ciclic and Granic mineral-filled masterbatch and compounds to 500,000 tonnes combined. �
www.gcrplasticsolutions.com
Anniversary
20 th
GCR plans to build a 200,000 tonne/yr recycling plant in Spain
Evonik to sell TAA assets to stabiliser firm SABO
Evonik is to sell its TAA derivatives business, part of its Specialty Addi- tives Division with production sites at Marl in Germany and Liaoyang in China, to Italy’s SABO. TAA derivatives are precursors to
info@nanocyl.com
produce light stabilisers, which are a key part of SABO’s product portfolio. No financial details of the deal have been disclosed but it is expected to close in early 2023. “The acquisition of the TAA business from Evonik propels SABO into a new phase of growth,” said SABO CEO Germano Peverelli. “The
addition of new cutting-edge technologies, proprietary processes, and integration of production assets in Germany, China and Italy will consolidate our manufacturing position, to the benefit of our ccustomers and our employees.” Christian Kullmann, Chairman of
the Executive Board of Evonik, said the sale of the business, which no longer fits its strategic focus, will support its planned growth in specialty chemicals. �
https://corporate.evonik.com/en �
https://sabo.com/
www.compoundingworld.com
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