MOSCOW (MRC) -- Borealis has commenced a new project to secure an increased supply of chemically recycled feedstock for the production of more circular base chemicals and polyolefin-based products, said Interplasinsights.
A feasibility study for a chemical recycling unit to be established at the Borealis production location in Stenungsund, Sweden, is now underway.
Funded in part by a grant awarded by the Swedish Energy Agency, the study is being carried out with project partner Stena Recycling. Operations are expected to begin in 2024.
The unit will help accelerate the transformation to plastics circularity by enabling the replacement on a larger scale of fossil-based feedstock by integrating more chemically recycled feedstock via the mass balance model.
Borealis will also co-operate independently with Fortum Recycling and Waste on a project involving the sourcing of plastic waste to the chemical recycling unit. Fortum will apply for public funding for a feasibility study to this end.
Lucrece Foufopoulos, Borealis Executive Vice President Polyolefins, Innovation and Technology and Circular Economy Solutions, said: “In the true spirit of EverMinds, we accelerate action to plastics circularity through collaboration. The co-operation with Stena and Fortum allows us to offer our customers and partners virgin-like polyolefins from chemically recycled post-consumer waste."
As it was written earlier, Borealis is planning to carry out maintenance work at its phenol plant at Porvoo, Finland, between April and May. The Porvoo site includes a 190,000-metric tons/year phenol plant and a 118,000-metric tons/year acetone facility.
Phenol is the main raw material for bisphenol A (BPA) production, which in turn is used to produce polycarbonate (PC).
According to MRC ScanPlast , the total consumption of PC granulate in Russia (excluding imports and exports to Belarus) amounted to 8,100 tonnes in January 2021, which is 20% more than the same indicator of the previous year (6,800 tonnes).
Borealis is a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers. With headquarters in Vienna, Austria, Borealis currently employs around 6,500 and operates in over 120 countries.