Page 133 - CW E-Magazine (5-3-2024)

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PLASTICS RECYCLING
Nexam Chemical partners PET recyclers for upscaling

initiative

Nexam Chemical, a Sweden head- dustry, held every three years and today
quartered leader in sustainable chemical ranked among the top 10 plastic indus-
solutions through ‘reactive recycling’ try events globally. It was evident that
has entered into a business initiative there is a substantial interest in Nexam
with an undisclosed polyethylene tere- Chemical’s solutions to enable upscal-
phthalate (PET) recycler in India, for ing of recycled waste streams to create
upscaling initiatives. more value throughout the recycling
value chain”, said Mr. Ronnie Törn-
The customer specialises in produc- qvist, CEO, Nexam Chemical.
ing rPET chips and staple fi bres, with
a capacity of 50-tpd (tonnes per day). With a burgeoning population, rapid “We have a number of projects
“This collaboration is poised to signi- urbanisation and continuous product in various stages of exploration and
fi cantly enhance the availability of innovations, India generates a substan- commercialiwation, but the sheer size
high-quality recycled PET materials tial amount of plastic waste, presenting and potential of the Indian plastics
in the Indian market,” a statement by both challenges and opportunities for recycling market is truly staggering and
Nexam Chemical said. the recycling sector. Additionally, the poses a huge potential for our ‘Reac-
Indian government is implementing tive Recycling’ concept in the years
Nexam Chemical entered into a colla- policies and promoting recycling pro- to come,” said Mr. Henrik Bernquist,
boration with Krishna Enterprise in Q1 grammes for controlling waste produc- Business Manager at Nexam Chemical.
2022. Leveraging the latter’s experience tion, as well as pushing for sustainable
in plastic additives, masterbatches, and plastic disposable solutions. “The Indian recycling market is
compounds, the partnership focuses on highly dynamic and growing at a high
applications involving rPET, including “The Indian market is dynamic, pace. Nexam’s unique additives pro-
fi bres, sheets, trays, and bottle-to-bot- and a great example of how fast a vide a solution to problems our custo-
tle recycling. The company has secured society can shift towards a more circular mers are facing, especially when it
seven technically approved leads, ten behaviour, when both government and comes to availability of high-quality
ongoing upscaling projects, and 30 private players act together. We recently recycled materials,” said Mr. Gaurang
additional leads are at various stages of attended Plastivision in Mumbai, Goradia, Managing Director, Krishna
exploration, from lab testing to early trials. India’s largest event for the plastics in- Enterprises.

CONSTRUCTION CHEMICALS
Thermax inks tech licensing pact with South Korean

fi rm

Thermax Ltd. has inked a licence will be adjusted against royalty pay- mix concretes, self-compacting con-
and technical assistance agreement ments, and the remaining amount will cretes (SCC), and ultra-high strength
with South Korea’s Flowtech Co. Ltd., serve as a refundable deposit through- concretes (UHPC), and give an extended
to buy the technology required for the out the agreement period. The deal is slump retention. PCEs improve the
manufacturing of polycarboxylate ether expected to boost Thermax’s construc- rheology of concrete through the dis-
(PCE) products. tion chemicals business. persion of particles. Consequently,
water consumption in the mix proportion
The company said the consideration PCEs, also known as superplasti- of concrete is reduced, leading to an
for this technology agreement involves cizers, are high range water-reducing improvement of compressive strength
a payment of $300,000, wherein 50% admixtures in concretes, such as ready- and durability of hardened concrete.

Chemical Weekly March 5, 2024 133

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