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NEWS


MOL and Meraxis plan to make recycled polyolefin compounds


Hungarian chemicals group MOL has partnered with Swiss trading group Meraxis in a project that will see it commence production of high performance recycled polyolefin compounds for global distribution. Under the deal, Meraxis will supply high quality post consumer recycled polyolefin materials that will be blended with MOL’s virgin polymers to create the new product line, which MOL refers to as “re-compounds.” Initially, production will be located at the Aurora Kunststoff recycled compound facility at Neunenstein in Germany, which MOL acquired in 2019. “Compounding is an important avenue for the transformational journey to become a leading chemical player in the Central and Eastern European region,” said Gabriel Szabó, MOL Group’s Executive Vice President of Downstream. “The partnership will


Coperion extruders in the Aurora Kunststoff compounding plant in Germany


allow us to quickly develop recyclate re-compounds that meet the custom- er’s requirements and complement our virgin compounding development.” “MOL Group has been committed to a closed-loop circular economy for years now,” said Dr Stefan Girschik, CEO of the Meraxis Group. “We aim to use the combined expertise of the two companies to meet the increasing


demand for high-quality plastic recyclates in the automotive, construc- tion and packaging industries.” Meraxis was formed in 2019


through the merger of MB Barter & Trading and Rehau’s group purchasing division. It generates sales of around €2bn. � www.molgroupchemicals.com � www.meraxis-group.com


Polibend’s plant at Mozzate in Italy is now part of Ascend


Feddersen invests in Protec


Ascend closes Poliblend deal


Ascend Performance Materials has completed its previously announced acquisition of Italy’s Poli- blend and Esseti Plast. The move, announced back in February, expands its portfolio beyond PA into


www.compoundingworld.com


other engineered plastics, recycled resins and master- batches. The acquisition, which also includes the Poliblend Deutschland distribution operation, gives Ascend a second production facility in


Europe. “We now have production, product devel- opment and testing capabili- ties in North America, Asia and Europe, giving us additional scale,” said Phil McDivitt, president and CEO. � www.ascendmaterials.com


Feddersen Group has taken a 75% share in Norwegian firm Protec Scandinavia and the whole of its Swedish subsidiary, which will be integrated into the Norwe- gian business, from Pemel Holding. The Protec businesses


trade in plastics machinery and equipment. Fedders- en said it plans to add distribution of engineering plastics as part of its strategy to expand its regional presence in Northern Europe. � www.kdfeddersen.com


September 2020 | COMPOUNDING WORLD 5


IMAGE: ASCEND PERFORMANCE MATERIALS


IMAGE: COPERION


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