MOSCOW (MRC) -- Trinseo, a global materials company and manufacturer of plastics and latex binders, is targeting to begin construction of its world-class chemical recycling plant in Europe by the end of 2022, said the company on its site.
The company announced that plans for this plant are progressing rapidly. In late 2021, Trinseo contracted with global technology provider Synova and global engineering services company Worley, and is currently working on an engineering package and preparing Trinseo’ s Tessenderlo, Belgium site for recycling operations.
The plant will be dedicated to recycled polystyrene (rPS), meeting increased demand for the material as brand owners seek sustainable options. It will process 15 kilotons of rPS flakes annually that will be converted into high quality recycled styrene to enable further production of polystyrene (PS) and/or a styrene derivative including Acrylonitrile Butadiene Styrene (ABS) and Styrene Acrylonitrile (SAN).
PS is one of the most widely used plastics and can be fully circular. Due to its simple chemistry, it can be converted to its monomer yielding a material with identical properties as its fossil equivalent.
“Trinseo chose Synova and Worley to move forward with because of their leadership in their respective areas, the efficiency and maturity of their technologies and approaches, and high-quality output,” said Francesca Reverberi, SVP and Chief Sustainability Officer. “Both, also, have a very strong commitment to sustainability and this alignment was critical for us as we continue our journey and goal of delivering sustainable material solutions, while maintaining high quality and performance.”
Besides being a founding member of Styrenics Circular Solutions and an active member of over 60 industry and trade associations globally, regionally and locally, Trinseo has been an advocate for mass balance processes, essential to providing sustainable plastics solutions. The company recently announced an offtake agreement for recycled styrene with recycler Indaver, the acquisition of recycler Heathland B.V., and the introduction of bio-attributed PS, ABS and SAN.
As MRC reported earlier, Trinseo raised its prices for all PS, ABS and SAN grades on January 1, 2021, as stated below:
- STYRON GPPS -- by EUR175 per metric ton;
- STYRON and STYRON A-Tech and STYRON X- Tech and STYRON C- Tech HIPS - by EUR175 per metric ton;
- MAGNUM ABS resins - by EUR155 per metric ton;
- TYRIL SAN resins - by EUR155 per metric ton.
According to ICIS-MRC Price report, in Russia, prices of Nizhnekamskneftekhim's GPPS are at Rb190,750-201,700/tonne, CPT Moscow, including VAT, in February, whereas HIPS prices are at Rb202,750-213,700/tonne CPT Moscow, including VAT. Prices of Penoplex's material to be shipped in February grew to the range of Rb209,000-211,000/tonne CPT Moscow, including VAT. Prices of Gazprom neftekhim Salavat's GPPS are at Rb190,500-199,000/tonne CPT Moscow, including VAT, in early February.
Trinseo is a global materials company and manufacturer of plastics, latex and rubber. Trinseo's technology is used by customers in industries such as home appliances, automotive, building & construction, carpet, consumer electronics, consumer goods, electrical & lighting, medical, packaging, paper & paperboard, rubber goods and tires. Formerly known as Styron, Trinseo completed its renaming process in 1Q 2015. Trinseo had approximately USD3.0 billion in net sales in 2020 and has 26 manufacturing sites and one recycling facility around the world and approximately 3,400 employees.