Page 133 - CW E-Magazine (27-8-2024)

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POLYESTER WASTE MANAGEMENT

Loop Industries and Ester Industries to produce

recycle polyester feedstocks

Loop Industries, Inc., a Quebec closures in Europe, and low-carbon
(Canada)-based clean technology com- DMT and MEG are in high demand, but
pany whose mission is to accelerate a market options are limited and costly.
circular plastics/fi bre economy by manu- The ‘Infi nite Loop’ India facility is
facturing 100% recycled polyethylene expected to produce 70-ktpa of rDMT
terephthalate (PET) plastic and poly- and 23-ktpa of rMEG and Ester will toll PRODUCT RANGE
ester fi bre, has announced an agree- convert the rDMT and rMEG into vari-
ment with Ester Industries Ltd., one of ous grades of specialty polymers. “The
India’s leading manufacturers of poly- planned facility in India can lower
ester fi lms and specialty polymers, to carbon emissions by up to 70% compared
form a 50/50 India joint venture (JV). to virgin DMT and MEG manufactured
from fossil fuels1, offering chemical
The JV aims to build and operate an companies a simple drop-in supplement
‘Infi nite Loop’ manufacturing facility, Arvind Singhania, Chairman & CEO of Ester and circular alternative that helps them
which will produce recycled polyester raw Industries with Daniel Solomita, Founder & achieve their sustainability goals,” the
materials, viz., recycled dimethyl tere- CEO of Loop Industries. statement added.
phthalate (rDMT), recycled monoethylene technology and well-established global
glycol (rMEG) and specialty polymers. customer base with Ester’s nearly 40 years Feedstock sourcing (textile waste)
of specialized polymer production, for the facility is well advanced and
Loop and Ester have a well-esta- operational profi ciency, and local exper- the partners have engaged an external
blished working relationship, with tise, including sourcing of PET plastic fi rm to source and secure the land for
Ester producing Loop PET for Loop’s and Polyester fi bre waste feedstocks,” the facility. Construction is expected to
global brand customers over the last the statement issued by Loop said. be completed by the end of 2026, with
four years. “The India JV leverages commercial operations commencing in
the complementary skill set of each The market is experiencing a global early 2027. Total capital investment is
partner by combining Loop’s innovative shortage of DMT due to recent plant estimated approximately at $165-mn.
CIRCULAR ECONOMY

Recyclekaro to launch marketplace for premium

recycled metals

Recyclekaro, a pioneer in e-waste ensure exceptional purity and mini-
and lithium-ion battery recycling, has mal environmental impact,” it said in a
launched CleanGreen Metals, a new statement.
subsidiary that will offer a comprehen-
sive range of premium recycled metals “CleanGreen Metals is a testament
to both consumers and businesses. to our belief in combining sustainabi-
lity with innovation. By transforming
The product portfolio encompasses stop solution for high-quality industrial recycled electronics and lithium-ion
precious metals like gold, silver, palla- metals, available in bulk quantities and batteries into valuable metals, we
dium, and platinum, as well as industrial meeting stringent industry standards. are driving a circular economy and
metals such as lithium, cobalt, nickel, “The company’s commitment to envi- minimizing resource depletion,” said
aluminium, and copper. For businesses, ronmental stewardship is evident in its Mr. Rajesh Gupta, Founder & Director
CleanGreen Metals aims to be a one- advanced recycling processes, which of Recyclekaro.

132 Chemical Weekly August 27, 2024 Chemical Weekly August 27, 2024 133

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