Page 181 - CW E-Magazine (24-12-2024)

Special Report

A notable example is the collabora- address complex plastic waste streams vulnerabilities, experts stressed the impor-
tion between Austrian companies while driving progress towards a circu- tance of promoting regional solutions.
Borealis and OMV, which demonstrates lar economy. In his presentation, Gerben Hieminga
an integrated business model combin- of ING Group N.V. (the Netherlands)
ing pyrolysis and mechanical recycling. The future of advanced recycling in stressed that developing more localised
OMV’s new demonstration plant with a Europe value chains could be an effective
capacity of 16-ktpa has recently started In the midst of the economic crisis solution to reduce dependence on and
operations, and plans are underway for facing Europe’s chemical and plastics pressure from international markets.
a commercial-scale plant with a capa- industries, advanced recycling offers a
city of 200-ktpa by 2028. compelling opportunity to defossilise Marc Spekreijse of Circular Plastics
the sector and attract much-needed (The Netherlands) pointed out the high
Recent advances are further optimis- investment. revenues the Commission receives
ing pyrolysis and other thermochemical from the levy on non-recycled plastics,
technologies, with a focus on improv- During the session on ‘Markets, which is regulated differently in each
ing robustness, energy effi ciency, yields, Investment and Financing’, experts Member State and is far higher than the
product quality and economic perfor- examined Europe’s position in this trans- additional costs of recycled plastics.
mance. For example, AES Autonome formation. They highlighted that while
Energiesysteme (Germany) is expanding European companies may struggle to To date, Europe has been at the fore-
accessibility with small-scale pyrolysis compete with China in virgin polymer front of technological developments in
plants, enabling wider adoption. Mura production, a strategic shift to advanced advanced recycling and has the best-
Technology (UK) has developed a pro- recycling could provide a competitive established waste collection system. With
cess that is tolerant to organic impurities, advantage. By using imported plastic strong recycling policies and demand
eliminating the need for pre-drying, while waste as a feedstock for a new, circular creation, Europe could attract new
Aduro Clean Technologies (Canada) aims chemical industry, Europe could estab- investment and drive defossilisation by
to achieve higher quality outputs without lish itself as a leader in sustainable using less virgin fossil resources, recycling
the need for hydrotreatment, signifi cantly innovation, fostering resilience and more and keeping carbon in the cycle.
shortening the recycling process route. economic growth in the sector.
The next Advanced Recycling
These innovations demonstrate Faced with the challenges of global Conference 2025 will take place from
the growing potential of pyrolysis to market pressures and supply chain 19-20 November in Cologne, Germany.

Chemical Weekly | Import-Export Data

Market Surveys | Directories

Business Forums | Expositions

The only organisation in India catering exclusively to the needs of the entire chemical industry

Contact:
SEVAK PUBLICATIONS PVT. LTD.

602-B, Godrej Coliseum, K.J. Somaiya Hospital Road,
Behind Everard Nagar, Sion (E),
Mumbai 400 022.

Phone: +91-22-24044471 / 72
Email: admin@chemicalweekly.com

Chemical Weekly December 24, 2024 181

Contents Index to Advertisers Index to Products Advertised