NEWS
Plastics Europe’s plan for circularity
Plastics Europe has devised a plan that it says will move the industry towards circularity while safeguarding global competitiveness. Its Plastics Transition document includes measures that it says will cut plastics sector greenhouse gas emissions by 28% by 2030 and towards net zero by 2050. It says circular plastics could meet 25% of European demand by 2030 and 65% by 2050. The plan intends to “redesign the
European plastics sector” said Marco ten Bruggencate, president of Plastics Europe.
It will involve €235 billion (US$257bn) in extra investments and operational costs. Plastics Europe says this will help transform Europe’s plastics industry while keeping it competitive with other plastics-pro- ducing regions.
“There is a direct correlation between the industry’s competitive- ness and its ability to execute the roadmap,” said ten Bruggencate. The three pillars of the transition
plans are: to make plastics circular; to help drive lifecycle emissions to net zero; and to foster the sustainable use of plastics.
Based on a projection that Euro-
pean converters will use 65m tonnes of plastics in 2050, it says 22m tonnes (35%) will come from fossil-based plastics, with the remaining 65% from circular plastics. This includes 15m tonnes from mechanical recycling, 12m tonnes from chemical recycling, 11m tonnes from biomass and 3m tonnes from CCU. There will also be a “need to scale up chemical recycling”, according to ten Bruggencate. �
https://plasticseurope.org
Global player in film and sheet named Polyvantis
Röhm has formed an expanded film and sheet business – following the acquisition of Sabic’s interests in that area – called Polyvantis. The company says it will be a
leader in acrylics and polycarbonate film and sheet. It will offer products including
films, sheets, pipes and rods, for markets including construction, transport and automotive. The global organisation, with sales of around US$700m will have a workforce of about 1,500 employees and 16 production sites across the Americas, Europe, Asia, and Africa. In December 2022, Röhm bought
Sabic’s functional forms division for polycarbonate film and sheet prod-
www.filmandsheet.com
www.brueckner.com
ucts globally. This has been merged with Röhm’s acrylic products business. Closing the deal with Sabic is expect- ed by mid-2024, subject to obtaining customary regulatory approvals. Long-term license agreements have been concluded with both Röhm and Sabic for the respective brands in their segment. The Plexiglas and Acrylite moulding compounds business will remain at Röhm and the polycarbonate Lexan resin business remains with Sabic. “Polyvantis will remain closely
associated with Röhm and Sabic thanks to the shared brands and long-term agreements,” said Michael Pack, CEO of Röhm. �
www.roehm.com
BOPE packaging for our future sustainability
Multi-layer mono-structures
Superior film properties Dedicated line concept
Perfect match with the circular economy
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