BOREALIS TO ACQUIRE INTEGRA PLASTICS AD, AN ADVANCED MECHANICAL RECYCLING PLAYER BASED IN BULGARIA

•    Borealis announces the signing of an agreement to acquire a 100 % stake in Integra Plastics AD, an advanced mechanical recycling player based in Bulgaria
• The investment will strengthen Borealis’ advanced mechanical recycling portfolio, adding more than 20,000 tons of recycling capacity and support growing customer demand for sustainable solutions
• The transaction is part of Borealis’ EverMinds  commitment to accelerate the transition to a circular economy and represents another critical proof point of that ambition.

Borealis announces that it has signed an agreement for the acquisition of Integra Plastics AD, a Bulgarian advanced mechanical recycling player. Closing of this transaction is subject to customary regulatory approvals. Based in Elin Pelin, Bulgaria, Integra Plastics AD operates a modern advanced mechanical recycling plant built in 2019 with state-of-the-art equipment. Integra Plastics has the ability to transform post-consumer waste into high quality polyolefin recyclates suitable for demanding applications.

“In line with Borealis’ Strategy 2030, we continue making steady progress on our circularity journey by reinventing essentials for sustainable living. The addition of Integra Plastics AD will strengthen our ability to deliver on our advanced mechanical recycling ambition and enable our customers to meet their sustainability targets,” says Lucrèce Foufopoulos, Borealis Executive Vice President Polyolefins, Circular Economy Solutions and Innovation & Technology.About Borealis
Borealis is one of the world’s leading providers of advanced and sustainable polyolefin solutions. In Europe, Borealis is also an innovative leader in polyolefins recycling and a major producer of base chemicals. We leverage our polymer expertise and decades of experience to offer value-adding, innovative and circular material solutions for key industries such as consumer products, energy, healthcare, infrastructure and mobility.

With operations in over 120 countries and head offices in Vienna, Austria, Borealis employs around 6,000 people. In 2022, we generated a net profit of EUR 2.1 billion. OMV, the Austria-based international energy, fuels & feedstock and chemicals & materials company, owns 75 % of our shares. The Abu Dhabi National Oil Company (ADNOC), based in the United Arab Emirates (UAE), owns the remaining 25 %.

In re-inventing essentials for sustainable living, we build on our commitment to safety, our people, innovation and technology, and performance excellence. We are accelerating the transformation to a circular economy of polyolefins and expanding our geographical footprint to better serve our customers around the globe. Our operations are augmented by two important joint ventures: Borouge (with ADNOC, headquartered in the UAE); and Baystar  (with TotalEnergies, based in the US).
www.borealisgroup.com | www.borealiseverminds.com

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PlastFocus 2024 is a Sellout! Showcasing the Right Blocks for Industry Growth

PlastFocus will be held at the YASHOBHOOMI (IICC), Dwarka, New Delhi, one of the large convention and exhibition centres in India with a total area of 3,00,000 m2. The venue provides a perfectly suitable space for large exhibitions with a sprawling compound. The fairgrounds provide pillarless halls with a clear height of 14 metres with excellent load-bearing capacity.
The technology draw of PlastFocus continues to excite the plastics industry. The 2024 edition is set to cover a staggering 1,00,000 sq. mts. area of exhibition space. With the show already sold out, the organisers are working tirelessly to evaluate all possibilities to accommodate the aspiring exhibitors who do not wish to miss this mega show.

PlastFocus 2024 – Breaking Barriers, Conquering New Skies
The key focus of PlastFocus 2024 is to offer a stage for every stakeholder of the industry to present their latest innovations and solutions that will add value to the processors. With over 200 live factories ready to grace the exhibition centre, this year’s event is poised to serve as an ideal hub for knowledge exchange, helping realise the Government’s dream to make India a global manufacturing hub for plastics.
The palpable buzz and fervour surrounding this exhibition underscore its status as a highly anticipated event for industry professionals. Talking about the event, Tushar Parikh, Chairman, Plastics Machinery Manufacturers Association of India (PMMAI) says, “PlastFocus 2024 is set to present cutting-edge technology through live machines, allowing attendees to witness these innovations in action. It’s an opportunity to discern the distinctions between machines manufactured in India and their global counterparts.”

Bringing the Industry Together
“PlastFocus 2024 is set to take place at a fresh and modern venue, boasting a range of new amenities that are set to be some of this year’s most enticing highlights. Our team is actively working on introducing an innovative matchmaking feature that will distinctively connect buyers and sellers. The concept is to proactively pair a genuine buyer with a suitable exhibitor well in advance, ensuring both parties are well-prepared and aligned on their expectations and approach,” states Cyril Pereira, Managing Director, Triune Exhibitors Pvt. Ltd.

To sum, PlastFocus 2024 is the preeminent event for the plastics industry, showcasing the latest advancements in technology, sustainability and market trends. With a strong industry connect, PlastFocus continues to draw processors from across the industry to witness solutions that could meaningfully empower them for a sustainable tomorrow.

www.plastfocus.org

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MAAG Group Continues Expansion With Additional Services in Malaysia

MAAG Group, a broadly diversified global solutions provider of Pump & Filtration Systems, Pelletizing & Pulverizing Systems, Recycling Systems and Digital Solutions, has again expanded its operations in Asia, announcing new new services in Malaysia for MAAG Ettlinger melt filters.  Now, in addition to, cutting rotor regrinding, MAAG Malaysia can also provide vacuum pyrolysis oven cleaning.

In plastics processing some components have to be repaired, upgraded, or replaced during the long plant lifecycle. MAAG Malaysia offers our customers comprehensive repair services for their polymer production plants. Whether repairing gear pumps and filters or reconditioning and regrinding of cutting rotors — we ensure a long service life for your machines. The facility serves most of Asia.Ueli Thuerig, President of MAAG Group, said: “We are excited about our new Malaysian growth. This project marks another important milestone in the implementation of the company’s plan to grow capacity in strategic markets where we expect strong long-term demand.” These additional services are the latest example of MAAG’s commitment to the Asian market.

About the MAAG Group
The MAAG Group is a broadly diversified global solutions provider with integrated and customizable systems in process technology for the polymer, chemical, petrochemical, pharmaceutical and food industries. Its Pump & Filtration Systems, Pelletizing & Pulverizing Systems, Recycling Systems and Digitalization divisions consolidate the many years of experience and in-depth know-how of the AUTOMATIK, ETTLINGER, GALA, MAAG, REDUCTION, SCHEER and XANTEC product brands. The MAAG Group currently employs over 1,100 people at production sites in Switzerland, Germany, Italy, the USA, and China. Additional sales and service centers in France, Malaysia, India, Thailand and Brazil ensure close attention to customers’ needs. The MAAG Group is a business unit of Pumps & Process Solutions, a segment of the Dover Corporation.
www.maag.com

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LANXESS Again With Top Positions in Sustainability Ratings

•   Dow Jones Sustainability Index (DJSI) Europe in DJSI World
•     MSCI ESG confirmed AA ratin
• Platinum level in EcoVadis rating achieved again

LANXESS once again convinces in terms of sustainability:
In the Dow Jones Sustainability Index (DJSI) Europe, the specialty chemicals company took first place in the “Chemicals” category with a score of 79 out of 100. LANXESS ranked third in the DJSI World. The company scored particularly well in the categories climate strategy, water, product stewardship and occupational safety. In November, the rating agency MSCI ESG confirmed LANXESS’ AA rating for the third time in a row. This makes the specialty chemicals company one of the best companies in the “Diversified Chemicals” industry.
In addition, EcoVadis confirmed LANXESS’ platinum sustainability rating in August. This distinction is awarded to the top 1 percent of the more than 100,000 companies rated by EcoVadis.

Proof of successful transformation to sustainability :
“We want to actively shape the transformation of the industry and global value chains and thus contribute to a more sustainable future. The ranking in the Dow Jones Sustainability Indices and good ratings by MSCI ESG and EcoVadis underline that we are on the right track,” said Hubert Fink, Member of the Board of Management of LANXESS AG. Both the Dow Jones Sustainability Indices and MSCI ESG evaluate companies in the areas of environment, social responsibility and corporate governance. EcoVadis evaluates companies in the areas of environment, labor and human rights, ethics and sustainable procurement.Sustainable products for a climate-neutral future:
LANXESS aims to make its entire value chain climate neutral and has therefore further expanded its portfolio of sustainable products in 2023. The raw material base for the plasticizer Mesamoll has been changed so that it now consists of 30 percent sustainable raw materials. Sulfur carrier additives under the Additin brand are also based on locally sourced, renewable raw materials. In addition, the Flavors & Fragrances business unit plans to offer sustainable product variants for its entire portfolio of flavors and fragrances, preservatives and animal nutrition products. Many polyols and oxidation products are also available in a sustainable version. LANXESS markets its most sustainable products under the “Scopeblue” umbrella brand. Scopeblue labels products that are based on more than half renewable raw materials or have a carbon footprint that is less than half that of a comparable product made from conventional raw materials.

Supporting customers in their sustainability goals:
LANXESS is also supporting its customers in the industry’s transition to greater sustainability. The specialty chemicals company has developed a tool that automatically calculates the carbon footprint of its products. The “Product Carbon Footprint Engine” retrieves existing data from various areas of the company and calculates the resulting emissions using the cradle-to-gate approach. This includes greenhouse gas emissions during      production, product-specific emissions associated with the raw materials, energy, operating resources and transportation used, as well as emissions from waste disposal. The tool has been certified by TÜV Rheinland.
www.lanxess.com

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SABIC, SD & LINDE ENTER STRATEGIC COLLABORATION TO EXPLORE OPPORTUNITIES FOR DECARBONIZATION IN CHEMICAL INDUSTRY

SABIC, a global leader in the chemicals industry, Scientific Design (SD), an affiliate company licensing leader in Ethylene Glycol Technology and Linde Engineering, a subsidiary of Linde, a leading global industrial gases and engineering company, have entered into a Memorandum Understanding to explore collaboration opportunities to decarbonize the SD Ethylene Glycol Process. This collaboration seeks to develop innovative solutions to reduce carbon footprint and achieve low-carbon emissions technology by offering SABIC’s innovative CO2 of recovery and purification technology to SD licensed manufacturing glycol plants worldwide. The ultimate goal is to establish sustainable Ethylene Oxide and Ethylene Glycol production and set industry benchmarks for carbon-neutral industries.

Bob Maughon, Executive Vice President, Technology & Innovation, CTO & CSO at SABIC emphasized the company’s commitment to carbon neutrality, stating: “At SABIC we have outlined a clear pathway toward carbon neutrality that necessitates the advancement of innovative technologies on a large scale, both within our existing asset base and in our future growth. Through embracing innovation and fostering collaboration, we are developing new technologies and processes to drive our journey toward carbon neutrality. Our carbon capture strategy and this new opportunity to collaborate with Linde Engineering, demonstrates the importance of leveraging our technological expertise to transform waste products into valuable resources demonstrating the Circular Carbon Economy frameworkJohn van der Velden, Senior Vice President Global Sales & Technology, Linde Engineering, stated: “I’m proud that SABIC and Linde Engineering will work together to decarbonize this major petrochemical building block. We have an established and long-standing history of collaboration between our two companies, which builds on the complementary strength and expertise of our organizations. By combining SABIC’s SD gas processing technology with Linde’s expertise in capturing and liquefying CO2, plus our strong track record in designing, executing and operating plants, we hope to find solutions that support a carbon neutral petrochemical industry.”

Atieh Abu Raqabah, SD CEO: “We are excited to embark on this groundbreaking journey with SABIC & Linde Engineering, integrating SABIC’s CO2 Capture & Purification technology into our EO/EG production processes. It will enable us to capture and purify CO2 emissions generated during our EO/EG production processes, thereby mitigating the environmental impact. This strategic collaboration aligns with our steadfast commitment to sustainability and also positions SABIC Scientific Design as a leader in offering Zero Carbon Ready EO/ EG Technology.”

The collaboration will leverage SABIC’s proprietary CO2 technology which has already demonstrated its effectiveness in the world’s largest carbon capture and utilization (CCU) plant at SABIC affiliate, United. This technology has the capacity to recover and purify up to 500,000 metric tons (MT) of CO2 per year, which would otherwise be emitted into the atmosphere during ethylene glycol production. The captured CO2 can be converted into valuable products such as urea, a vital agri-nutrient that enhances agricultural yields, methanol, a versatile building block for various chemicals, and liquefied CO2, widely used in the food and beverage industry.

In 2021, SABIC announced its carbon neutrality commitment; 20% reduction by 2030 Interim Scope 1&2 emissions target compared to 2018 and carbon neutral by 2050 in line with the Paris Agreement goals. The company’s carbon neutrality roadmap comprises five critical pathways; energy efficiency, renewable energy, electrification, carbon capture, utilization and storage (CCUS) and green/blue hydrogen.
This strategic collaboration between SABIC, Scientific Design, and Linde Engineering represents a significant step toward transforming the chemical industry and accelerating the transition to a sustainable and carbon-neutral future.

www.sabic.com

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SIG Foundation Wins First SAVE FOOD Project Competition and Plans Further Investment

With “Cartons for Good” the SIG Foundation leverages SIG’s know-how to reduce worldwide food losses and prevailed in the Project Competition organised by the SAVE FOOD Initiative. The project stands for the use of innovation and technology to solve one of the most pressing global problems.

The SAVE FOOD Initiative sponsors a member’s project with € 20,000. In line with their vision of curbing food waste and losses worldwide, the founding members have decided to make these funds available. The SAVE FOOD Project Competition promotes solutions that contribute to reducing the 1.3 billion tons of food being lost or wasted every year. Special emphasis is placed here on supporting the players in the processing, packaging and distribution stages of the supply chain; the aim is to help them fully exploit their potential for dealing with food sustainably and responsibly.The first edition of the SAVE FOOD Project Competition saw the SIG Foundation win with “Cartons for Good”. The project uses SIG filling technology to help people in developing countries turn their food into meals locally and extend their shelf life. The winner will be announced as part of pacprocess MEA to be held jointly with Food Africa in Cairo from 12 to 14 December 2023. Both trade fairs form part of the interpack alliance portfolio.

“The SAVE FOOD Initiative actively supports the processing and packaging industries in their key role combatting food waste and losses. The SIG Foundation shows impressively just what the industry can deliver in this respect,” says Bernd Jablonowski, Executive Director at Messe Düsseldorf and one of the SAVE FOOD initiators. “Here innovative technologies meet with local initiatives. The holistic approach ranging from the support of local agricultural businesses and the supply of meals for school children to the recycling of packaging is precisely what we seek to promote with our SAVE FOOD Competition.” The expert jury comprises members from the FAO (Food and Agriculture Organization), the WPO (World Packaging Organisation) and interpack/Messe Düsseldorf.Local support, global impact
For the “Cartons for Good” project the Swiss manufacturers of carton packaging and filling technology developed an innovative solution: a compact version of SIG’s industrial filling plants, which can also be transported to remote rural areas. Fruits and vegetables are processed into meals without any preservatives and filled into carton packaging. These then have a shelf life of up to nine months without refrigeration at ambient temperature. This proves a major benefit especially in regions where farmers often cannot sell their complete harvest and lack preservation possibilities.

Closed-loop sustainability
Farmers are paid for their surplus vegetables thereby receiving extra income. The preserved packaged food is then distributed to local schools enabling them to offer underprivileged children a hot meal daily. After consumption the packaging is collected at a local recycling plant. This ensures the materials are reused and fed back into the production cycle – a sustainable and eco-friendly solution. The pilot project in the Balia region in Bangladesh is already reaping success: in 2022 alone, some 20 tons of vegetables could be saved, 15 permanent jobs created, and 24,600 meals distributed to 180 school children. In addition, 3,000 cartons went to families and people hit by the severe flooding in Bangladesh.

Commitment in Egypt
At present, the SIG Foundation is planning to also roll out the “Cartons for Good” project to Egypt. 50 percent of the fruit and vegetables grown here are wasted. With prize money of € 20,000 a comprehensive study aims to find out where this project can make the biggest impact. A project shall then be developed locally – together with the local implementation partner, the Natural Resources & Climate Protection Foundation (NRCP).

www.save-food.org

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INEOS Inovyn Publishes New ESG Report – Demonstrating Sustainability Leadership Through Innovation

The report highlights key innovations supporting our transition to a green economy, including circular recycling solutions, development of production process electrification and the increased use of decarbonised energy.
• INEOS Inovyn progresses its roadmap deployment to reach 33% CO2 reduction in 2030 and carbon neutrality by 2050.
• “INEOS Inovyn’s ambition is to provide leadership through sustainable innovation. By harnessing our expertise and technologies, we will meet evolving customer needs and deliver products that are essential to modern life,” said Geir Tuft, CEO of INEOS Inovyn.

INEOS Inovyn has today published its latest ESG report which highlights how its business is progressing key projects to reach 33% CO2 reduction in 2030, whilst remaining profitable and ahead of regulation.
As Europe’s leading producer of Chlor-Vinyls, INEOS Inovyn is one of the top three companies worldwide, providing a range of essential products that offer the lowest carbon footprint of their kind, with Environmental Product Declaration (EPD) to certify their credentials. It is also the largest operator of electrolysis technology in Europe, producing 60,000 tonnes of low-carbon hydrogen annually.
As both a user and producer of hydrogen, INEOS Inovyn is in a unique position at the heart of Europe’s hydrogen transformation. INEOS Invoyn continues to grow and strengthen its hydrogen business through key strategic projects.

As hydrogen demand progressively increases we will scale up our developments, while recognising the need for clear legislation to nurture this market and investment.
The development of the electrification of VCM monomer cracking with project Electra represents a key innovative step for our roadmap.
“We embrace our responsibility as European market leader to play an active role in the journey towards a Net Zero economy, through collaborating across our industry, reducing INEOS Inovyn’s operational footprint and delivering products that will help us reach a sustainable future,” added Geir Tuft.
During 2022, we strengthened our range of bio-sourced PVC products, including BIOVYNTM, which delivers greenhouse gas savings of over 90% compared to conventional PVC and is now being used across a wide range of applications.

Moreover, INEOS Inovyn’s Project Circle program is pioneering advanced recycling technologies for end-of-life PVC products, with an ambition to have industrial advanced recycling units on stream by 2030 and bring circular product offers to market.
The report also highlights an outstanding sustainable safety performance achieved by a continual focus on health and safety of INEOS Inovyn’s workforce and contractors as its highest priority.
Recognising our work in 2022, we received Gold status for the 5th consecutive year from EcoVadis, acknowledging our systematic focus on increasing INEOS Inovyn’s performance year on year. EcoVadis is a leading independent assessors of environmental and labour practices, ethics and supplier sustainability.

www.ineos.com

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