INEOS Olefins & Polymers USA Receives ISCC PLUS Certification
INEOS has today announced that its manufacturing sites in Texas and California have been awarded ISCC PLUS certification from ISCC (International Sustainability & Carbon Certification). This certification supports recent successful, commercial-scale trials of Advanced Recycling technology for the production of ethylene, propylene, High Density Polyethylene (HDPE) and Polypropylene (PP).
Advanced Recycling converts waste plastic, which was destined for a landfill, back into a liquid raw material for use again in next generation plastic production. Also known as Chemical Recycling, this technology can be used for many types of plastic including mixed plastic waste streams that are normally difficult or impossible to process with traditional recycling.
The new technology enables plastics to be recycled back to a raw material stream and returned to the market as new product from recycled material. The product properties are identical to virgin plastics made from oil and gas. Advanced Recycling creates a closed-loop system for plastics management, helps reduce landfill, prevents plastic from ending up in the environment and reduces the use of fossil-fuel based raw materials.
Mike Nagle, CEO of INEOS Olefins & Polymers USA said, “Plastic waste is an important problem that INEOS is committed to addressing. Using difficult-to-recycle waste streams as a new raw material is a step-change. This investment is beneficial to INEOS and our customers but also for the overall global issue of plastic waste and the management of essential plastic products. I applaud the team and the business for reaching this important milestone as part of our Circular Economy program.”
INEOS is committed to contributing to a Circular Economy where materials are re-used and recycled to the maximum extent possible through both Mechanical and Advanced Recycling in a broad range of applications.
ISCC is an independent multi-stakeholder organization providing a globally applicable certification system for the sustainability of raw materials and products. ISCC holds objectives regarding the implementation of environmentally, socially and economically sustainable production. This certification validates INEOS meets the objectives of ISCC PLUS, and enables INEOS to further develop and offer a wide range of olefin and polymer products derived from recycled plastics.
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Press release Submitted by: Nina Solomun, Senior Account Executive – Public Relations, mediazoo.tv