INEOS Styrolution, the global leader in styrenics, announces today an agreement with Ferrero, to explore the feasibility of using its advanced recycling concepts such as depolymerisation for future packaging solutions. The aim of INEOS Styrolution is to develop a process to convert complex plastic waste back to fully recyclable materials that comply with food contact regulations.
The INEOS Styrolution recycling concept aims at contributing to a circular economy, based on the depolymerisation process that converts post-consumer complex plastic waste back to its monomers. The new material created through this process would also comply with food contact regulations.
Ferrero comments: “We are pleased to work with INEOS Styrolution to explore opportunities for future packaging solutions that, today, are not available in practice and at scale. We are interested to see whether INEOS Styrolution’s approach can offer a circular solution and support the Ferrero commitment to make all its packaging 100% reusable, recyclable or compostable by 2025.”
Sven Riechers, Vice President Business Management, Standard Business EMEA at INEOS Styrolution: “We are pleased to work with Ferrero and are convinced that chemical recycling can produce high-quality recycled plastics, while reducing post-consumer waste and reducing the use of valuable raw materials at the same time.”
About INEOS StyrolutionINEOS Styrolution is the leading global styrenics supplier, with a focus on styrene monomer, polystyrene, ABS Standard and styrenic specialties. With world-class production facilities and more than 90 years of experience, INEOS Styrolution helps its customers succeed by offering innovative and sustainable best-in-class solutions, designed to give them a competitive edge in their markets, and at the same time, help make the circular economy for styrenics a reality. The company provides styrenic applications for many everyday products across a broad range of industries, including automotive, electronics, household, construction, healthcare, packaging and toys/sports/leisure. In 2019, sales were at 5 billion euros. INEOS Styrolution employs approximately 3,600 people and operates 20 production sites in ten countries.
Source: INEOS Styrolution, press release, 2020-11-12.