MERAXIS / MOL
Alliance to make polyolefin compounds with recyclate / Production in Germany
Swiss trading group Meraxis (Muri; www.meraxis-group.com) has announced a strategic partnership with Hungarian oil and petrochemical company MOL (Budapest; www.molgroup.info) for the development and production of polyolefin re-compounds. The goal of the alliance is to create and manufacture high-quality recycle-based compounds and distribute them worldwide, according to a statement. Managing directors of both companies have signed a joint letter of intent on the cooperation.

Meraxis CEO Stefan Girschik said, “We aim to use the combined expertise of the two companies to meet the increasing demand for high-quality plastic recyclates in the automotive, construction and packaging industries.” Meraxis said it will supply MOL with high-quality, post-consumer recycled materials to be blended with the producer’s polyolefin resins. The companies plan to use their combined compounding knowledge to develop a new product portfolio for production at Germany’s Aurora (Neuenstein; www.aurora-kunststoffe.de), which MOL acquired in 2019 (see Plasteurope.com of 17.04.2019). Both partners are expected to be involved in distribution.

Meraxis was formed in 2019 with the merger of the Swiss companies MB Barter & Trading and Rehau (see Plasteurope.com of 04.07.2019), with the latter responsible for global production material supply for the Rehau group. MOL laid the foundation stone for a 200,000 t/y polyol plant in Tiszaújváros / Hungary in 2019, and start-up is scheduled for 2021 (see Plasteurope.com of 03.10.2019).
15.09.2020 Plasteurope.com [245905-0]
Published on 15.09.2020
Meraxis: Recycling-Kooperation mit Polymerhersteller MOLGerman version of this article...

© 2001-2020 Plasteurope.com  |  Imprint  |  Privacy  |  Cookie settings

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Trade Names | Videos | Associations & Institutions | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2020 by Plasteurope.com, Bad Homburg
Date of print: 02.12.2020 04:23:25   (Ref: 941220270)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/news/detail.asp