BASF has signed a strategic cooperation agreement with Zhejiang REEF Technology Co., Ltd. to develop recyclate formulations for applications used in the automotive, packaging and consumer industries. The deal will see BASF supplying its recently launched IrgaCycle additive solutions, techniocal support and consultancy services to REEF Technologies, a subsidiary of Veolia Huafei Polymer Technology (Zhejiang) Co., Ltd., a joint venture company of the French Veolia Group in China.
REEF specialises in the R&D and production of high-end engineering plastic modified materials, such as recycled polypropylene, high density polyethylene, ABS, and polyamide.
“We wanted to partner with a world-class manufacturer of plastic additives like BASF to improve the quality of our recyclates,” said Shirley Wu, General Manager, REEF. “With its in-depth expertise in plastic additives, BASF supports us in this core area by improving the processing and long-term stability of highly contaminated recycled plastic fractions.”
IrgaCycle additive solutions have been developed to tackle quality issues associated with recycled resins, such as limited processability, poor long-term thermal stability and insufficient protection from outdoor weathering. An improved recyclate quality will allow higher proportions of mechanically recycled content to be used in several end-use applications such as packaging, automotive & mobility, and building and construction.
The IrgaCycle range is part of the Valeras portfolio, the brand name under which BASF markets its range of sustainable plastic additive solutions. Launched in 2021, the Valeras family is continuously evolving to support customers from the plastics industry on their sustainability journey and to develop and introduce new Valeras offerings for a sustainable future.