Infinity Recycling’s Post

"Through its Circular Plastics Fund, Infinity Recycling will help European companies to develop and scale up technologies to fully recycle plastic waste and produce new plastics with properties equivalent to those of virgin materials, unlike traditional methods which cause plastics to lose their initial properties (safety for food use, strength, or elasticity). The Circular Plastics Fund also has a bigger and broader aim; to develop cutting-edge technologies and business models to establish a circular plastics industry. By providing capital, expertise, and access to partners, the fund helps companies scale up their solutions to convert plastic waste streams into tradeable commodities." https://lnkd.in/eAWhZHru #PlasticsRecycling #Investment #CircularEconomy

Dow, Ambipar partner to promote #plastics #recycling in #SouthAmerica This #partnership aims to create an effective platform for #plasticrecycling and boost the recycling and #wastemanagement system in #Brazil https://lnkd.in/gM-MuG_d

#IndustryNews Cyclyx invests in second circularity center for plastics recycling Cyclyx International, LLC, a leader in post-use plastic-to-feedstock innovation and a joint venture of Agilyx, ExxonMobil, and LyondellBasell, has announced its final investment decision for a second Cyclyx Circularity Center (CCC2). Located at an existing distribution centre in the Fort Worth, TX area, CCC2 represents a significant step forward in building the infrastructure needed for a plastic circular economy. https://lnkd.in/ePfr5ErZ #recycling #plastic #circularity

🌍 #EarthDay is a time to reflect on both the progress and challenges we face in creating a sustainable future for plastics. It's a day we must focus our attention on both the positives and current challenges the plastics industry faces in regards to government attitudes and approaches, collaboration between stakeholders and rethinking product design. In line with this year's theme of Planet vs. Plastics, Interplas editor Rebekah Jordan gathered insights from waste solutions experts, recycling innovators and expert data analysts, as they weigh in on current efforts to promote a more sustainable future and and what still needs to be done to close the loop. Read from the experts: - Alexandra Tomczyk, analyst, plastic recycling at ICIS - Gina Rudkin - FCIWM MCIWM DGSA, head of sustainability, Axil Integrated Services ♻️ - David Harris, chairman at CHASE PLASTICS LTD - Emily Skinner, head of market engagement, Smile Plastics https://lnkd.in/ef9bEx5N #EarthDay2024 #Sustainability #PlanetvsPlastics

UPDATED: An additional insight from recycling company TOMRA 👀 "One of the key drivers in creating a more closed-loop system for plastics use is integrating deep learning algorithms to enhance sorting capabilities. TOMRA has leveraged deep learning to overcome challenges in sorting food from non-food packaging materials, marking a big step for the industry towards achieving material circularity."

Cyclyx 𝐈𝐧𝐯𝐞𝐬𝐭𝐬 𝐢𝐧 𝐒𝐞𝐜𝐨𝐧𝐝 𝐂𝐢𝐫𝐜𝐮𝐥𝐚𝐫𝐢𝐭𝐲 𝐂𝐞𝐧𝐭𝐞𝐫 𝐟𝐨𝐫 𝐏𝐥𝐚𝐬𝐭𝐢𝐜𝐬 𝐑𝐞𝐜𝐲𝐜𝐥𝐢𝐧𝐠 Joint venture of Agilyx, ExxonMobil, and LyondellBasell commits $135 million to an advanced recycling project near Fort Worth, TX. Cyclyx International, LLC., a post-use plastic-to-feedstock innovator, has reached a final investment decision for a second Cyclyx Circularity Center (CCC2). The new facility will be located at an existing distribution center in the Fort Worth, TX, area. It will help to create further necessary infrastructure for a plastic circular economy. When operational, the facility can produce around 300 million pounds of plastic waste feedstock per year for customers using mechanical and advanced recycling technologies. As with the CCC facility, CCC2 operations are expected to create more than 100 jobs in the local economy. “This new world-class facility will significantly expand our capability to supply the growing industry demand for feedstock for both mechanical and advanced recycling,” says Joseph Vaillancourt, CEO of Cyclyx. “CCC2 will help enable the aggregation and recycling of post-consumer, commercial, and industrial plastic waste often destined for landfills or incineration. We look forward to working with the Dallas-Fort Worth Metroplex community as well as our feedstock customers to deliver sustainable solutions.” Cyclyx Circularity Centers are uniquely designed to accept a wide range of plastic waste streams, including plastics that are not typically accepted in current industry recycling programs. Combined, CCC1 and CCC2 will have the capacity to produce an estimated 600 million pounds of plastic waste feedstock annually—another step forward to building a more circular economy for plastics. As part of its strategy, Cyclyx continues to explore the development of additional CCCs, each placed in major hubs across the United States. #plastics #recycling #manufacturing #innovation

This week Interplas Insights | BP&R reflected on how Earth Day is an opportunity to consider the challenges faced in creating a sustainable future for plastics. Our Chairman, David Harris contributed his thoughts regarding how a circular economy for plastics can be realised. Check out the article here https://lnkd.in/ef9bEx5N #CircularEconomyForPlastics #SustainableFuture

Excellent example of a sustainable cooperation of Renewi and Freepoint Eco-Systems, happening in North Sea Port. Like our baseline says: Together. Smarter. Or should I say: Together. Circular.? More of these partnerships will follow to build our circular port ecosystem!

♻️LyondellBasell are investing in a new recycling center in Germany, marking a significant leap in waste processing capabilities for durable goods.   The new recycling center will support the circular economy by ensuring that valuable plastic materials are reused, reducing our reliance on virgin resources. By the end of the year, the recycling center should be at commercial scale and will contribute to Lyondell Bassell’s goal to produce and market at least 2 million metric tons of recycled and renewable-based polymers annually by 2030.   To learn more about Access Industries’ Strategic Equity portfolio, please visit https://lnkd.in/eQhwvgMN    #CircularEconomy #Recycling #Sustainability

Earlier this year, Freepoint Eco-Systems International announced the development of its flagship advanced plastics recycling facility in Ghent, Belgium. Today, we announce our intended collaboration with Renewi to develop a pre-processing facility that will support the operations of our project.   The sorting and treatment infrastructure will facilitate the supply of 80,000 tonnes of waste plastic to be transformed into consistent, high-quality recycled material for use in new products.   This cooperative venture represents our shared commitment to diverting end-of-life plastic from incineration, improving local and global recycling rates, reducing carbon emissions, and preserving finite fossil resources.   Thanks to Mark Thys, Chief Operating Officer of Commercial Waste for Renewi, and Freepoint Eco-Systems’ Jacco de Haas, Chief Commercial Officer, Recycling Europe for leading our teams in this important cross-industrial effort to tackle the plastic waste crisis and advance Europe’s circular economy.   #recycling #sustainability #wastetoproduct #circulareconomy #greendeal #netzerotransition #advancedrecycling