Skip to main content
Sister Publication Links
  • Plastics News
Subscribe
  • Newsletters
  • Login
  • SUBSCRIBE
  • News
    • Recycling
    • Sustainability
    • Bioplastics
    • Technology & Materials
    • Injection Moulding
    • Blow Moulding
    • Extrusion
    • Thermoforming
    • 3D printing
    • Technology
    • Materials
    • Machinery
  • Opinion
    • View Point
  • Events
    • Our Exhibitions
    • Plastics Industry Awards (PIA)
    • Ask the Expert
    • Reifenhäuser Technologies Livestreams
    • Plastics News Europe Live Archives
    • Sustainable Plastics Live
    • Reuters Responsible Business Europe 2022
    • Plastics Recycling Show Europe
  • Prices & Resources
    • Polymer Prices
    • Data Reports
    • Sponsored Content
    • White Papers
  • Contact
    • Advertise
    • Media Pack
  • Subscribe
  • Digital magazine
    • Digital Magazine
  • Multimedia
MENU
Breadcrumb
  1. Home
  2. News
June 16, 2021 01:32 PM

Borealis signs exclusive agreement to secure chemically recycled feedstock supply

Karen Laird
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print
    Renasci

    The Renasci recycling plant at Oostende, Belgium.

    Borealis and Renasci Oostende Recycling NV have signed a deal giving Borealis exclusive access to the chemically recycled output from Renasci’s advanced recycling plant at Oostened, in Belgium.

    The plant has a projected output of 20kT/year, which Borealis will use to help fulfil market demand for chemically recycled polyolefins while at the same time transforming itself into one of the leading global suppliers of chemically recycled base chemicals and polyolefins.

    The company is marketing its portfolio of materials based on chemically recycled feedstock under the name Borcycle C. “The cooperation with Renasci allows us to offer our customers and partners virgin-like polyolefins from chemically recycled post-consumer waste in material quantities effective this quarter,” said Lucrèce Foufopoulos, Borealis Executive Vice President Polyolefins, Innovation & Technology and Circular Economy Solutions.

    Chemical recycling can serve as a complementary technology to mechanical recycling processes. Mixed and contaminated plastic waste streams that have traditionally been ‘unrecyclable’ can be transformed into a feedstock from which new materials with properties that are indistinguishable from virgin materials can be produced. High-end polyolefin-based applications become possible, including healthcare and food packaging materials subject to stringent quality and safety regulations that cannot always be met using mechanically recycled materials.

    Renasci’s ISCC PLUS-certified recycling centre mainly processes dried household waste as well as some industrial waste. At the plant, the waste that is suitable for mechanical recycling is first sorted out after which the rest undergoes Renasci’s plastics-to-chemicals process, producing a chemically recycled feedstock  that is subsequently processed in the Borealis steam crackers. Initially , this will take place at Borealis’ production location in Porvoo, Finland. The Porvoo site’s recent ISCC PLUS certification – the global standard for certified recycled and bio-based materials – enables mass balance production of renewable and chemically recycled products.

    “Our agreement with Renasci is a welcome complement to the OMV ReOil chemical recycling project,” explained Martijn van Koten, Borealis Executive Vice President Base Chemicals and Operations, who has also noticed a strong increase in demand for chemically recycled products. The offtake agreement with Renasci will now enable Borealis and OMV to significantly increase the supply of these circular base chemicals and polyolefins.

    As a polyolefin producer, Borealis is committed to the development of circular polyolefin solutions. The company is headquartered in Vienna, Austria, employs 6,900 employees and operates in over 120 countries. In 2020, Borealis generated EUR 6.8 billion in sales revenue and a net profit of EUR 589 million. OMV, the Austria-based international oil and gas company, owns 75% of Borealis, while the remaining 25% is owned by a holding company of the Abu-Dhabi based Mubadala.

    Newsletters
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please verify captcha.

    Please select at least one newsletter to subscribe.

    Get our newsletters

    Staying current is easy with Sustainable Plastics' news delivered straight to your inbox, free of charge.

    SUBSCRIBE
    Sustainable Plastics Media Kit Cover

    Subscriptions to Sustainable Plastics, the leading Pan-European magazine for the circular plastics industry.

    Subscribe now
    Connect with Us
    • LinkedIn
    • Twitter

    "In a changing world, Sustainable Plastics is a constant: a platform the plastics industry can rely on to deliver the news and knowhow impacting the industry going forward”

    Contact Us

    11 Ironmonger Lane, EC2V 8EY
    United Kingdom 
     

    Customer Service:
    1-313-446-0450

    [email protected]

     

    Resources
    • Advertise
    • Sitemap
    • Careers
    • Subscribe
    Affiliates
    • Plastics News
    • LSR World
    • Urethanes Technology
    • Tire Business
    • Rubber News
    • Automotive News
    • Automotive News Europe
    • Crain Publications
    Legal
    • Terms and Conditions
    • Privacy Policy
    • Privacy Request
    Copyright © 1996-2022. Crain Communications, Inc. All Rights Reserved.
    • News
      • Recycling
      • Sustainability
      • Bioplastics
      • Technology & Materials
        • Injection Moulding
        • Blow Moulding
        • Extrusion
        • Thermoforming
        • 3D printing
        • Technology
        • Materials
        • Machinery
    • Opinion
      • View Point
    • Events
      • Our Exhibitions
        • Plastics Recycling Show Europe
      • Plastics Industry Awards (PIA)
      • Ask the Expert
      • Reifenhäuser Technologies Livestreams
      • Plastics News Europe Live Archives
      • Sustainable Plastics Live
      • Reuters Responsible Business Europe 2022
    • Prices & Resources
      • Polymer Prices
      • Data Reports
      • Sponsored Content
      • White Papers
    • Contact
      • Advertise
      • Media Pack
    • Subscribe
    • Digital magazine
      • Digital Magazine
    • Multimedia