Page 154 - CW E-Magazine (29-4-2025)

News from Abroad

COLLABORATION

Trinseo partners French startup to advance recycling

of products containing plastics and magnetic systems

US-based supplier of plastics and to its virgin counterpart, while non- magnet-to-magnet model MagREE-
latex binders and MagREEsource – a PC components, including magnets, source is dedicated to recovering end-
French firm involved in recycling of remain for further recycling. This two- of-life rare-earth magnets and manu-
rare earth magnets – are joining hands stage process is particularly effective facturing new low-carbon magnets for
to explore opportunities for combin- for consumer and industrial products demanding applications like windmills,
ing Trinseo’s proprietary polymer dis- made primarily of PC and contain- electric vehicles, aeronautics or medi-
solution recycling capabilities with ing magnetic systems, especially neo- cal to meet EU market demand.
MagREEsource’s proprietary rare earth dymium (NdFeB) magnets vital for
magnets recycling model. low-carbon applications such as wind “Our collaboration has potential
turbines, electric vehicle motors, and to benefit the value chain as bypro-
Trinseo’s technology uses a physi- automation. ducts of Trinseo’s dissolution process
cal recycling process that requires could serve as input materials for our
minimal sorting, extracting polycar- “The technologies from Trinseo and process. Byproduct magnets are an
bonate (PC) from entire end-of-life MagREEsource are complementary, important part of supply for our MagFac-
products, even in mixed or contami- and we believe that value chain colla- tory (1,000-tpa of magnets production),
nated materials. The extracted PC is borations are fundamental to advancing construction of which is anticipated to
recycled into new materials with over sustainability,” said Mr. Han Hendriks, begin at the end of 2026,” said Mr. Erick
70% cradle-to-gate estimated product Chief Technology and Sustainability Petit, President, and co-founder at
carbon footprint reduction compared Officer at Trinseo. With its circular MagREEsource.

GREEN FUEL
Egypt, France plans €7-bn green hydrogen plant

in Egypt

Egypt and France have signed a tain long-term investment, expected to
€7-bn ($7.68-bn) agreement to develop extend over 50 years. The first phase of
finance and operate a green hydrogen the project will involve a direct invest-
plant, Egypt’s transportation ministry ment of €2-bn from EDF Renewables
said. and Zero Waste to produce 300-ktpa of
green ammonia. The total investment
The agreement was signed between for all three phases will reach €7-bn,
the Red Sea Ports Authority and the with full financing by the project com-
New and Renewable Energy Authority pany. The land allocated includes 368
(NREA) in partnership with the Green direct investment and position the square kilometres for wind and solar
Fuel Alliance, comprising France’s country as a regional and global hub for energy production and 1.2-million
EDF Renewables and the Egyptian- energy and green fuels. square metres for the plant itself. The
Emirati firm Zero Waste. project will also include a seawater
The plant is set to produce 1-mtpa desalination unit and a 7-km electricity
Egypt’s Deputy Prime Minister for of green ammonia in three phases, transmission corridor.
Industrial Development and Minister of beginning in 2029, to supply clean ship
Industry and Transport, Kamel al-Wazir, fuel for export to global markets. The The company will build and fund a
said the agreement supports Egypt’s fully private sector-led initiative will 400-m-long loading dock with a 17-m
presidential directives to localise the be carried out by companies with the draft with the Red Sea Ports Authority,
green hydrogen industry, attract foreign financial and technical capacity to sus- with supporting infrastructure.

154 Chemical Weekly April 29, 2025

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