Chemical recycling – Advanced Composites Solutions (ACS), based in Abruzzo Italy, is set to invest 4 million euros in a new factory in Tortoreto (TE), aimed at quadrupling its carbon fiber component production capacity 21-06-2024

Chemical recycling

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Advanced Composites Solutions (ACS), based in Abruzzo Italy, is set to invest 4 million euros in a new factory in Tortoreto (TE), aimed at quadrupling its carbon fiber component production capacity

The new facility, opening in the coming months, will address the increasing demand from renowned international automotive brands and new aerospace projects, facilitated by ACS’s recent EN 9100 certification.

To accommodate this expansion, ACS has signed a lease with Pedicone Holding for a 14,000 square meter industrial property, located near its current headquarters. This facility will undergo renovations and will be equipped with a photovoltaic system to align with ACS’s sustainability goals. Chemical recycling

Over the next twelve months, ACS plans to hire 50 specialized operators, including laminators and finishers, who are currently being trained in preparation for the plant’s start-up between the end of this year and early 2025.

The existing Tortoreto plant, operational since 2015, will continue focusing on motorsport, racing sectors, and small series projects. It will also host the ACS Academy and see an enhancement in research and development activities. Chemical recycling

“This is a significant challenge, engaging all our energies towards serial production,” commented Roberto Catenaro, founder and CEO of ACS. “We believe strongly in this project and are confident in our skills and ability to offer our customers availability, experience, and technological versatility. We’re also proud to revitalize a historic factory, providing continuity and employment opportunities to a dynamic production sector.”

Chemical recycling

Grace Licenses Additional UNIPOL® Polypropylene Process Technology to BPCL

BPCL has expanded its licensing agreements with Grace, incorporating the renowned non-phthalate CONSISTA® catalysts to boost production capacity by 950 kilotons at its Kochi and Bina refineries.

W. R. Grace & Co. (Grace), the world’s leading independent supplier of polypropylene (PP) process technology and polyolefin catalyst technology, announced that Bharat Petroleum Corporation Limited (BPCL), India’s second-largest oil marketing company, has extended its licenses for Grace’s UNIPOL® PP process technology.  Chemical recycling

BPCL plans to deploy this technology using CONSISTA® catalysts in a new 400 kilotons per annum (KTA) reactor unit in Kochi, Kerala, and a 550 KTA reactor unit in Bina, Madhya Pradesh.

Thomas Deman, President, Specialty Catalysts, Supply Chain and Procurement at Grace, commented: “The expansion of these licenses highlights the benefits BPCL gains from collaborating with Grace. Our process technology and catalysts will enable the production of a broad range of high-quality polypropylene resins. Additionally, our expertise will help optimize BPCL’s reactors to meet India’s increasing demand. Grace is honored to support BPCL in this endeavor.”  Chemical recycling

Chemical recycling

De Nora has commenced construction on Italy’s largest electrolyzer production facility, set to become one of Europe’s largest with a capacity of up to 2GW by 2030

De Nora Italy Hydrogen Technologies S.r.l. (DNIHT), a subsidiary of Industrie De Nora S.p.A., is spearheading this initiative. The groundbreaking ceremony, attended by top executives from De Nora and Snam, as well as various government officials, marked the start of this ambitious project in Cernusco sul Naviglio. Chemical recycling

The new Gigafactory, spanning 25,000 square meters, is part of De Nora Group’s multi-year expansion plan. It will serve as Italy’s primary hub for electrolyzers used in green hydrogen production, alongside systems for water electrolysis and fuel cells. This facility emphasizes sustainability and innovation, incorporating low environmental impact criteria into its design.

The project, recognized as a significant industrial asset for De Nora, aligns with the European Green Deal’s sustainability goals. DNIHT has secured approximately EUR 32 million through a concession decree to support this initiative, with potential additional funding up to EUR 63 million from the IPCEI Hydrogen1. Chemical recycling

This Gigafactory aims to reduce electrolyzer production costs, contributing significantly to Europe’s energy transition targets. Located near Milan, it will boost local economic and employment growth, expecting to create around 200 direct jobs and approximately 2,000 induced employment opportunities. The construction is anticipated to be completed between late 2025 and early 2026.

Chemical recycling

Polymer prices: Downward price trend continues as monomer costs fall

The downward trend in polymer prices is influenced by falling monomer costs.

For instance, L/LDPE and HDPE prices have decreased by €10/tonne by mid-June, following a €30/tonne drop in ethylene prices.

Similarly, polypropylene prices have fallen in line with propylene costs over the last two months  Chemical recycling

Polymer prices: Downward price trend continues as monomer costs fall

‘Vast majority’ of states in favour of mass balance, says EU Commission member

Plastics Recycling Show Europe kicks off in Amsterdam

Werner Bosmans, Team Leader on Plastics, DG Environment, at the European Commission keynotes at PRSE 2024

The Plastics Recycling Show Europe (PRSE) has kicked off in Amsterdam. The world’s largest recycling show is taking place on 19-20 June, for the first time across four halls (Halls 9-12) at the RAI in Amsterdam. Chemical recycling

During the conference opening session, Werner Bosmans, Team Leader on Plastics, DG Environment, at the European Commission discussed the ‘burning issues’ around EU plastic policy.

The potential adoption of the mass balance fuel-exempt method for recycled content allocation in single-use plastic beverage bottles is one of them.

This February, the European Comission discussed a draft document that recognises mass balance accounting as a way to calculate the weight of recycled plastic. Chemical recycling

If approved, it could prove transformational for the chemical recycling industry.

More…

‘Vast majority’ of states in favour of mass balance, says EU Commission member

EU funds for chemical recycling in Italy

NextChem has secured €4 million from the European Innovation Fund to accelerate the industrial development of NXRe PMMA technology. This funding is intended for the Boost project, which aims to develop the NXRe PMMA technology of MyRemono, a subsidiary of NextChem (Maire), on an industrial scale. The technology is based on the catalytic depolymerization of PMMA-based plastic scraps. Chemical recycling
The funds will be used to start the first industrial plant based on NXRe PMMA technology, currently in the final design phase. This plant, scheduled for completion in 2026, will be able to process approximately 5,000 tons per year of sorted PMMA-based plastic waste, producing approximately 4,350 tons of r-MMA monomer per year.
The total value of the project is 6.6 million euros, with approximately 4 million covered by EU funding.
The Boost project was selected in the third call for small-scale projects of the European Innovation Fund, based on five criteria: reduction of greenhouse gas (GHG) emissions, degree of innovation, project maturity, scalability and cost efficiency.
Developed together with Biorenova, the continuous depolymerization process combines thermal energy with a specific catalyst to break polymer bonds and return the polymethyl methacrylate to the starting monomer (MMA). The technology was successfully tested in a pilot plant in Montorio al Vomano (TE). Chemical recycling
EU funds for chemical recycling in Italy

Mechanical Recycling – CARBIOS and TOMRA Textiles are collaborating to advance the circularity of polyester textiles by bridging the gap between textile waste collection and innovative recycling technologies 20-06-2024

Chemical recycling