Green materials firm Neste says it is expanding its logistics infrastructure for liquefied recycled raw materials at its refinery in Porvoo, Finland, including materials such as liquefied waste plastic and liquefied rubber tyres. This lays the foundation to handling larger…
Tag: Plastics
Neste, Borealis and Covestro tie-up for waste tyre recycling into plastics
Chemical firms Neste, Borealis and Covestro have signed a project agreement to enable the recycling of discarded tyres into high-quality plastics for automotive applications. The collaboration aims at driving circularity in plastics value chains and the automotive industry. When no…
Trelleborg to purchase Minnesota Rubber and Plastics for US$950 mn
Swedish engineered polymers firm Trelleborg Group is to buy US-based elastomers maker Minnesota Rubber and Plastics (MRP), which is owned by investment firm KKR, in a transaction valued at approximately US$950 million. The transaction, which is subject to customary regulatory approvals, is expected to close before year-end 2022. New York City-based…
Agilyx and Kumho partner to develop eco-SSBR from plastics for tyres
US recycling firm Agilyx Corporation, a wholly owned subsidiary of Agilyx AS, and South Korean Kumho Petrochemical, a manufacturer of synthetic rubber, are collaborating to explore the development and construction of a chemical recycling project in South Korea. The project…
Automotive Industry: Plastics hit the ground running in the EV evolution
In transportation, electric vehicles (EVs) are a key to countries around the world achieving climate goals. But the heavyweight EVs are turning to plastics and composites to reducing the weight and meeting sustainability goals, says Angelica Buan in this article.…