NEWS
Amcor reports progress
Packaging company Amcor has released its 2024 Sustainability Report, detailing how it has progressed on its goal of including 10% PCR plastics across its products by 2025 and purchased more than 224,000 tonnes of recycled material. Amcor Chief Executive
Officer Peter Konieczny said, “Amcor has led the way in making incredible progress designing our products to be recyclable and more efficient, but design alone is not enough. Society needs consumer participation and infrastructure devel- opment to make circularity real.” The report also reveals
how more than 94% of Amcor’s flexible packag- ing portfolio by area had a recycle-ready solution available. The report said that, in addition, 95% of the company’s rigid packaging by weight was recyclable in practice and at scale. �
www.amcor.com
Revalyu expands Indian PET recycling plant
Chemical recycling company Revalyu Resources has commissioned a second PET recycling plant at its site in Nashik, India. The German company, which is majority- owned by Heraeus, invested $100m to increase produc- tion capacity to 280 tonnes per day at the facility, which it claims to be the world’s largest PET recycling site. The Nashik site uses a
patented glycolysis-based recycling process and features automated process- es, which make the manufac- turing operations highly optimised, scalable, profit- able and easily replicable, according to Revalyu. The high quality PET chips and PET polymer produced at the facility is
Above: The facility in Nashik has increased production capacity to 280 tonnes per day
being used by customers in sectors such as PET bottles, packaging materials, textiles, automobile acces- sories and others. The third plant at Nashik – which is under construc- tion and fully financed as part of the $100m invest-
ment – will add a further 120 tpd of capacity in Q3 2025. Revalyu also plans to set up a 240 tpd PET recycling facility in the US by 2027 and to expand globally to increase its production to over 1,000 tpd by 2030. �
www.revalyu.com
Neste strikes storage deal
Neste is boosting its chemical recycling capabili- ties by collaborating with Tepsa Netherlands on the storage of liquefied waste plastic using advanced aggregation tanks. Follow-
ing successful processing runs, Neste is moving towards using larger quantities of liquefied waste plastic at its Porvoo refinery in Finland.
As Neste secures its
supply from various sources, the aggregation tanks will be located in the Port of Rotterdam to optimise supply chains and stream- line logistics. �
www.neste.com
New Indaver Antwerp plant set to start up
After a two-year construction period, Indaver’s Plastics2Chemicals (P2C) plant is set to open at the port of Antwerp, Belgium, where it will process around 26,000 tonnes/yr of polystyrene (PS) and polyolefin (PO) waste. Operations are expected to start at the end of 2024 with the ambitious aim of scaling up to become the largest depolymerisation facility in Europe. Indaver P2C is already in talks to build more plants at strategic
locations across the continent. �
https://indaver.com
8 PLASTICS RECYCLING WORLD | November/December 2024
www.plasticsrecyclingworld.com
IMAGE: REVALYU
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