Page 165 - CW E-Magazine (17-10-2023)
P. 165

News from Abroad


       SUSTAINABLE DEVELOPMENT

       Borouge and Tadweer to jointly explore recycling

       opportunities in Abu Dhabi

          Borouge, the joint venture between
       Adnoc  and  Austrian  chemicals  firm,
       Borealis,  has signed an initial  agree-
       ment with  Abu Dhabi  Waste Man-
       agement,  better known as  Tadweer,
       to explore recycling  opportunities  in
       Abu Dhabi. The focus will be on man-
       agement and adoption of best practices
       in waste management,  sorting and
       mechanical recycling of polymers.

          Mr. Hazeem Sultan  Al Suwaidi,
       CEO of Borouge, said, “Together, we
       are exploring innovative ways of sort-
       ing and recycling  polymers in align-
       ment  with  national  and international
       best practices.”
                                           Borouge and Tadweer will explore  potential  joint investments  in brown
          Mr. Ali Mohamed Al Dhaheri, Man-  further opportunities in polymers waste  and greenfield assets.
       aging Director and CEO of  Tadweer,  sorting for  mechanical recycling and
       said, “Our partnership is not just about  the development of a sustainable eco-  Both companies will be colla-
       recycling polymers; it’s about reimag-  system, to secure the generation  of  borating in supporting local regulatory
       ining our impact  on the environment,  high-quality polymer  recyclates using  frameworks related to the sustainable
       society, and  the  economy.”  Tadweer,  different technologies. Furthermore,  and  efficient  management  of  polymer
       which is part  of  Abu Dhabi holding  the partners will join forces to establish  waste. This includes the launch of pub-
       company ADQ’s  portfolio, is  the sole  business development and benchmark-  lic initiatives  and campaigns to boost
       company handling waste management  ing  frameworks which  unlock  value  awareness about best practices in poly-
       in the Emirate of Abu Dhabi.      added business  opportunities through  mer waste management and recycling.

       Kensing acquires AOM to boost natural vitamin E

       and phytosterols offerings

          Kensing, the  US-based speciality                               in Valencia, Spain, and Buenos Aires,
       chemicals derived from vegetable-oils,                             Argentina, serves customers in more than
       and a portfolio company owned by an                                34 countries, across the nutrition, per-
       affiliate of One Rock Capital Partners,                            sonal care, food, and beverage sectors.
       has announced the acquisition  of
       Advanced Organic Materials (AOM),  ingredients, strengthens  our  access to   Kensing operates five plants across
       a producer of non-GMO  plant-based   new sources of diversified natural raw  the US, Europe and Latin America and
       vitamin E and  phytosterols derived  materials and opens up new end mar-  manufactures a broad range of chemi-
       from sunflower and rapeseed.      kets,” stated Mr. Serge Rogasik, CEO  cals derived from vegetable-oils  in-
                                         of Kensing.                      cluding phytosterols, natural vitamin E,
          “The acquisition of AOM enhances                                anionic and amphoteric surfactants
       our range of non-GMO  plant-based   AOM, which operates  facilities  and esters.

       Chemical Weekly  October 17, 2023                                                               165


                                      Contents    Index to Advertisers    Index to Products Advertised
   160   161   162   163   164   165   166   167   168   169   170