\u2022 JDA intends to accelerate the introduction of circularity for one of the most
\nrecyclable polymers, polystyrene
\n\u2022 JDA targets advancements in all technical aspects to enable scaled investment in
\nadvanced commercial recycling solutions<\/p>\n
To accelerate driving the circular economy for styrenics forward, three of the world\u2019s
\nleading polystyrene producers, AmSty, INEOS Styrolution and Trinseo signed a Joint
\nDevelopment Agreement (JDA) to jointly explore recycling options for polystyrene.
\nAmSty, INEOS Styrolution and Trinseo are committed to a circular economy for polystyrene.
\nThis JDA represents the first global combined effort to explore advanced recycling technologies,
\noptimize them for commercial use and call for all contributors along the value chain to make
\ncircularity of polystyrene a reality. The three companies are aiming at an economy where postconsumer
\npolystyrene waste does not end up in landfills but is recognized as a valuable
\nresource for the development of new materials for future use.<\/p>\n
Polystyrene is a unique polymer suitable for multiple advanced recycling solutions like
\ndepolymerization. Its properties make it ideal for a circular economy \u2013 even enabling food
\ncontact compliancy of the recycled material, often considered the holy grail of polymer recycling.
\nAll three companies have done their own independent research and have invested in various
\nprojects to further the commercialization of advanced recycling capacity. This new joint effort
\nallows all participants to share best practices and optimize recycling technologies for large-scale
\ncommercial use.<\/p>\n
Dr. Randy Pogue, President and Chief Executive Officer, AmSty: \u201cI am thrilled to see the
\nindustry coming together globally to work on a common goal to realize true circularity for
\nstyrenics. This is a true win-win for all participants in this joint effort and finally for our
\ncustomers, for consumers and for society.\u201d
\nAlexander Gl\u00fcck, President EMEA, INEOS Styrolution, adds: \u201cPolystyrene has all it takes to
\nmake it a star in a circular economy. Enhanced recycling technologies even offer recycled
\npolystyrene at food contact quality. Which other polymer can do that?\u201d
\n\u201cThis marks another milestone in our industry\u2019s commitment towards a circular economy where
\nwe can continue to enjoy all the benefits of Polystyrene whilst solving the environmental
\nchallenges at the same time. I am looking forward to see other members of the value chain
\njoining us to make our vision become a reality in the very near future,\u201d summarizes Nicolas Joly,
\nVice President Plastics & Feedstocks, Trinseo.<\/p>\n
About AmSty<\/p>\n
AmSty is a leading integrated producer of polystyrene and styrene monomer, offering solutions
\nand services to customers in a variety of global markets. AmSty is a member of the American
\nChemistry Council and its Responsible Care initiative, and is headquartered in The Woodlands,
\nTexas. AmSty is a joint venture equally owned by Chevron Phillips Chemical Company LP and
\nTrinseo LLC.<\/p>\n
About INEOS Styrolution<\/p>\n
INEOS Styrolution is the leading global styrenics supplier, with a focus on styrene monomer,
\npolystyrene, ABS Standard and styrenic specialties. With world-class production facilities and
\nmore than 90 years of experience, INEOS Styrolution helps its customers succeed by offering
\ninnovative and sustainable best-in-class solutions, designed to give them a competitive edge in
\ntheir markets, and at the same time, help make the circular economy for styrenics a reality. The
\ncompany provides styrenic applications for many everyday products across a broad range of
\nindustries, including automotive, electronics, household, construction, healthcare, packaging
\nand toys\/sports\/leisure. In 2019, sales were at 5 billion euros. INEOS Styrolution employs
\napproximately 3,600 people and operates 20 production sites in ten countries.
\nMore information: www.ineos-styrolution.com
\nFollow us on Twitter (@styrolution).<\/p>\n
About Trinseo<\/p>\n
Trinseo (NYSE:TSE) is a global materials solutions provider and manufacturer of plastics, latex
\nbinders, and synthetic rubber. We are focused on delivering innovative and sustainable
\nsolutions to help our customers create products that touch lives every day \u2014 products that are
\nintrinsic to how we live our lives \u2014 across a wide range of end-markets, including automotive,
\nconsumer electronics, appliances, medical devices, lighting, electrical, carpet, paper and board,
\nbuilding and construction, and tires. Trinseo had approximately $3.8 billion in net sales in 2019,
\nwith 17 manufacturing sites around the world, and approximately 2,700 employees. For more
\ninformation visit www.trinseo.com.<\/p>\n","protected":false},"excerpt":{"rendered":"
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