Ineos to source chemically recycled styrene from Indaver’s P2C plant

 Belgian waste management group Indaver and plastics producer Ineos Styrolution have signed an offtake agreement for recycled styrene monomer. Ineos has committed to purchasing monomer produced from post-consumer polystyrene waste at Indaver’s planned depolymerisation plant, the two companies announced in mid-June. The Plastics2Chemicals (P2C) plant, which is slated to go online in 2024, will be located in the port of Antwerp.

“This agreement closes the loop towards a circular economy for polystyrene. It will enable Ineos Styrolution to produce polystyrene from recycled feedstock replacing styrene monomer produced from fossil feedstock,” the companies said in a joint press release.

“The benefits are tremendous,” commented Alexander Glück, President of Ineos Styrolution’s activities in the EMEA (Europe, Middle East and Africa) region. “We recognise plastics waste as a valuable resource that must not end up in landfill or be incinerated. Together with Indaver we reduce waste, we produce polystyrene with identical properties as the virgin material with a lower CO2 footprint and we reduce the use of fossil feedstock.”

The recycled polystyrene meets the specification for food-contact applications, according to the press release. “This significantly expands the possibilities for recycling, including polystyrene waste that could previously only be used for conversion into low-value applications,” the companies said. The agreement closes the loop – “from yoghurt pot to yoghurt pot” – for polystyrene. Indaver says that as “a strong player in the waste industry,” it is well positioned to create and manage the required waste streams for polystyrene....

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