Page 175 - CW E-Magazine (14-5-2024)

News from Abroad

plastic waste to potentially broaden the sis technology for extracting carbon prove that with our recent processing
pool of waste streams that could be pro- black and oil from end-of-life tyres. run,” he pointed out. In the past, Neste
cessed into high-quality products. has already successfully concluded
“The beauty of chemical recycling is several processing runs with liquefied
Just as with hard-to-recycle plastic that it can process hard-to-recycle plas- waste plastic. These runs built the basis
waste, a large number of tyres today tic waste. But it’s not limited to that,” for Neste’s decision to invest into large-
ends up in landfills or incineration at explained Mr. Andreas Teir, in charge of scale capacities for chemical recycling
the end of their life cycle. The composi- Neste’s raw materials supply for chemi- at the company’s site in Porvoo, Finland.
tion of tyres as a mix of several materi- cal recycling. “With discarded tyres The facilities being built are expected to
als makes them difficult to recycle with currently often facing a fate similar to be finished in the course of 2025 and
mechanical recycling methods. Hence, plastic waste, we consider chemical will be able to process 150,000-tonnes
there is a strong case for using chemical recycling a valid addition when it comes of liquefied waste plastic per year. They
recycling to help keep valuable mate- to changing the linear life cycle of tyres are part of project PULSE, which is
rials in circulation – and Scandinavian into a circular one. Thanks to our sup- funded by the European Union through
Enviro Systems has developed a pyroly- plier Enviro Systems, we were able to the EU Innovation Fund.

PARTNERSHIP
LG Chem and Alkhorayef Group plan RO membrane

facility and technical centre in Saudi Arabia

LG Chem, the South Korean chemi-
cals company with a diversified pro-
duct portfolio, and Alkhorayef Group,
a Saudi Arabian industrial conglomerate
specialising in water, energy, and
agriculture sectors, have agreed to form
a partnership to bring advanced water
solutions to the Kingdom of Saudi Arabia
(KSA).

Firstly, both parties will establish a
Reverse Osmosis (RO) membrane pro-
duction facility and technical centre in
the KSA. The collaboration will lever-
age LG Chem’s technical expertise
in RO membranes and Alkhorayef’s
industrial legacy and local expertise.
The partners aim to commence operations
of the facility and technical centre from Dr. Hoon Hyung (Head of Business Unit, LG Water Solutions); Mr. Abdulrahman bin
the outset of 2026. Abdulmohsen Al Fadley (Saudi Arabia Minister of Environment, Water and Agriculture);
Mr. Mohammad Bin Abdullah Al-Khorayef (CEO, Alkhorayef Group)
“This collaboration extends beyond cussions on advancement of the local ment of water industry in the region,
production and R&D, encompassing water industry,” a press note released for the future of KSA,” said Dr. Hoon
joint efforts in sales and marketing by LG Chem stated. Hyung, Vice president at LG Chem.
activities for RO membranes, as well as “The partnership aspires to contrib-
exploring new business opportunities “Together with Alkhorayef Group, ute to the localisation of strategic
within the related water industry. The we not only seek to meet the demands industries, in addition to the non-oil
partnership will also actively explore to localise RO membranes, but also sector GDP,” added Mr. Mohammed
the localisation of full membrane manu- look forward to delivering innovative Alkhorayef, Group CEO at Alkhorayef
facturing in the KSA, and foster dis- solutions to contribute to the develop- Group.

Chemical Weekly May 14, 2024 175

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