NEWS
Eastman joins with Interzero
Eastman has entered into a long-term agreement with Interzero for them to provide up to 20,000 tonnes/yr of hard-to-recy- cle PET household packaging waste to Eastman’s molecular recycling facility in France. The project is expected to be operational in 2025, and once complete will recycle approximately 160,000 tonnes/yr of hard-to-recycle polyester waste.
It is claimed that the planned facility in Nor- mandy, which will process coloured and opaque PET waste that is not recycled mechanically, will become the world’s largest material-to-material molecular recycling plant. �
www.eastman.com �
www.interzero.de
WM acquires Avangard Innovative’s US business
US waste management and recycling group WM has agreed to acquire a control- ling interest in Avangard Innovative’s US business. The acquired business
will operate as an independ- ent entity by the name of Natura PCR and is expected to grow recycling capacity to an estimated 400m lbs/yr of post-consumer plastics in five years. Through Natura PCR, WM
expects to deliver new recycling capabilities for its customers and provide circular solutions for films and clear plastic wrap used commercially, such as plastic stretch wrap for pallets, furniture film, grocery bags and potentially shrink wrap around food and beverage containers. Natura PCR will focus on mechanical recycling,
Above: Avangard Innovative has bulit a large film recycling business in the US
converting film and flexible materials to PCR that can be used to manufacture new products. Jim Fish, WM President
and CEO, said: “WM’s core material supply capabilities, with the head start and knowledge provided by Avangard’s US business, will help Natura PCR quickly deliver circular options to
WM’s customers as an important component of our continued growth strategy. Today, there is so much untapped potential to reuse film which impacts many of our commercial customers. We can help our customers close the loop and bring more recycled materials to the store shelf.” �
www.wm.com
Recycling Technologies ceases operations
Recycling Technologies, which developed a patent- ed pyrolysis technology to recycle plastics waste, has halted all operations and called in administrators. Nick Holloway and Will
Wright from Interpath Advisory were appointed joint administrators to Recycling Technologies Group and Recycling Technologies Ltd on 26 September 2022. Founded in 2011,
Recycling Technologies is a UK-based engineering company headquartered in
4 PLASTICS RECYCLING WORLD | October 2022
Swindon alongside its manu- facturing facility and pilot plant, with an additional site in Perthshire, Scotland.
In recent months, the company had sought additional investment in order to complete its
development phase but was unsuccessful. With insuffi- cient funds available to fund day-to-day operations, the directors filed for the appointment of administra- tors and make the 73 employees redundant, with a small number retained to assist with the closing down of its sites. �
www.interpathadvisory.com
Left: Recycling Technologies’ plants are in Swindon and Perthshire, UK
www.plasticsrecyclingworld.com
IMAGE: RECYCLING TECHNOLOGIES
IMAGE: AVANGARD INNOVATIVE
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70
