European PVC recycling remained at 27% in 2022

MOSCOW (MRC) -- VinylPlus reveals that the European recycling rates of PVC were at approximately 27% in 2022, said Amiplastics.

According to the organization, 813,266 tonnes of PVC waste were recycled and utilized in new products in the EU-27, Switzerland, the UK and Norway. The figure is about 0.3% higher than in 2021, which was at 810,775 tonnes. Of this, 38% was post-consumer waste (where PVC is gathered after use) and 62% was preconsumer waste (where plants reprocess their own waste internally).

In 2022, the amount of pre-consumer recycling dropped by about 1.5%, while post-consumer recycling expanded by almost 3.5%. Recycling of flexible PVC and films went down by approximately 19% to 212,000 tonnes in 2022 from about 262,000 tonnes in 2021.

Under its VinylPlus 2030 commitment, the organization aims to recycle 900,000 tonnes/y and 1 M tonnes/y of PVC by 2025 and 2030, respectively.

We remind, Solvay announces the completion of the sale of its 50% stake in the RusVinyl joint venture to its joint venture partner Sibur. At the time of closing, Solvay received €433 million in cash proceeds in Belgium which will be reported in the first quarter as cash flow from investing activities (Consolidated statement of cash flows). A capital loss of €174 million will be recognized in the first quarter of 2023, mainly reflecting the crystallization of historic currency translation balances.

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MOSCOW (MRC) -- Teknor Apex has declared the takeover of Nu-Pro Polymers (a recycled PVC compound manufacturer based in Wheeling, IL, US). Nu-Pro turns post-industrial (PIR) waste into new compounds that are said to match superior performance, said the company.

It specializes in natural, black and clear grades including a range of durometers and consisting of up to 90% recycled content. After the takeover deal, Nu-Pro will still produce products for Teknor Apex under the brand name Cycle-Tek.

We remind, Teknor Apex announced an expansion of its relationship with Nexeo Plastics. Nexeo Plastics will become a key distributor for Teknor Apex in Europe (effective January 1, 2023) of its portfolio of thermoplastic elastomers (TPEs) under the Sarlink® and Monprene brands.

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MOSCOW (MRC) -- Ashland is introducing Polyplasdone Plus, a co-processed multifunctional direct compression superdisintegrant containing a glidant and lubricant. Saving time and simplifying development, the multifunctional disintegrant offers superior powder flow and lubrication during pharmaceutical manufacturing, said the company.

This innovative product eliminates two manufacturing steps and simplifies equipment setup while simultaneously delivering improved tablet hardness and helping ensure the production of consistent, high-quality products in batch and continuous manufacturing.

Regarding parameter improvement, Polyplasdone Plus multifunctional disintegrant maximizes the capacity of equipment by increasing the powder flow function by 29% and the feed factor by 9%.

The continued focus on improving manufacturing efficiency coupled with strong demand for the tablet dosage form is driving the use of high-speed tableting. Ashland's innovative multifunctional direct compression disintegrant, Polyplasdone Plus multifunctional disintegrant, will help overcome development hurdles and improve process efficiencies due to low ejection force and enhanced flow properties, with no additional lubricant required.

We remind, Ashland says it has raised the quarterly dividend on its common stock by 12%, to 33.5 cents/share. The dividend will be payable on 15 June to shareholders of record as of 1 June. The company has also established a new share buyback program worth USD500 million, replacing a previous USD1-billion buyback authorization from 2018. Shares will be repurchased in the open market or in privately negotiated transactions.

Ashland Global Holdings Inc.is a global additives and specialty ingredients company with a conscious and proactive mindset for sustainability. The company serves customers in a wide range of consumer and industrial markets, including architectural coatings, automotive, construction, energy, food and beverage, nutraceuticals, personal care and pharmaceuticals. Approximately 3,800 passionate, tenacious solvers – from renowned scientists and research chemists to talented engineers and plant operators – thrive on developing practical, innovative and elegant solutions to complex problems for customers in more than 100 countries.

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MOSCOW (MRC) -- The global edible packaging market size is expected to reach USD1416.77 mln by 2030, according to a new report by Grand View Research Inc., expanding at a CAGR of 5.7% over the forecast period 2023 to 2030.

The market growth is attributed to increasing awareness among consumers about the negative impact of traditional packaging solutions and stringent government regulations around the world for single use plastic ban. Moreover, increasing application of these packaging solutions in pharmaceutical and food & beverage industry is fueling the market growth.

The edible packing method makes the product a more sustainable option compared to traditional packing materials such as plastic, paper, and metal. Consumers are becoming more environmentally conscious and are looking for packing options that have a lower impact on the environment. In addition, these packaging solutions enhance the taste and texture of certain foods, such as adding a crunchy coating to snack foods or enhancing the flavor of beverages.

Moreover, the growing trend of processed foods and online food & grocery deliveries have fueled the market growth for edible packaging. Due to the busy lifestyles of consumers the need to eliminate the time consumption on waste management drives the need for sustainable and eco-friendly packaging solutions. These packaging solutions made from protein, lipid, and polysaccharides can be consumed after use which reduces the negative impact on the environment.

We remind, Solvay, a global leader in naturally-derived polymers for beauty care formulations, has announced the launched of Naternal, its new brand for eco-design hair and skin care solutions, said the company. Naternal brings together biodegradable beauty care polymers, from guar and other natural feedstocks.

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MOSCOW (MRC) -- Solvay, a global leader in naturally-derived polymers for beauty care formulations, has announced the launched of Naternal, its new brand for eco-design hair and skin care solutions, said the company.

Naternal brings together biodegradable beauty care polymers, from guar and other natural feedstocks.

“The introduction of Naternal clearly demonstrates Solvay’s long-term commitment to sustainable growth,” explains Jean-Guy Le-Helloco, Vice-President, Home & Personal Care at Solvay. “Naternal represents a new era where beauty, the planet and fair treatment of farming communities can all be balanced."

According to Solvay, the array of ingredients offered by Naternal aligns with the biodegradable by-design approach, which aims at integrating end-of-life management at the early stages of research and ensuring that product development is driven by both application and end-of-life performances.

We remind, Solvay has opened a new application development lab (ADL) in Shanghai, China, to expand its global footprint of its research and innovation facilities. The new facility will develop solutions for applications industries including automotive, new energy, life solutions and pharmacy, smart devices and semiconductors for Solvay’s customers active in local and global end markets.

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