Collaboration with Indorama and start-up Ioniqa to convert PET waste into food-grade material / Decision on sole head office reached
Through its R&D foods team, consumer goods giant Unilever (Rotterdam / The Netherlands; www.unilever.com) has announced the start of a partnership with chemical company Ioniqa Technologies (Eindhoven / The Netherlands; www.ioniqa.com) and PET producer Indorama Ventures (Bangkok / Thailand; www.indoramaventures.com). The collaboration is to develop a technology that converts PET waste back into high-quality material for use in food packaging.

Ioniqa has developed a proprietary technology that is able to convert PET waste, including coloured bottles and packs – see Plasteurope.com of 07.10.2015 – into virgin-grade PET at Indorama’s facility. Ioniqa is a spin-off from the Eindhoven University of Technology (Eindhoven; www.tue.nl).

According to Unilever, only about 20% of PET makes its way to recycling plants, with the rest either incinerated, landfilled or littered. If proven successful at industrial scale, the three companies say the "fully circular solution could lead to an industry transformation," since the technology can be repeated "indefinitely."

In 2017, Unilever made a commitment to have all of its plastic packaging being reusable, recyclable or compostable by 2025 – see Plasteurope.com of 26.01.2017. The company's chief R&D officer, David Blanchard, said this latest partnership represents "another sustainable packaging innovation."

In separate company news, Unilever announced in March that to simplify its corporate structure, it has chosen its headquarters to be located solely in Rotterdam. The company said employment of 7,300 workers in the UK and 3,100 in the Netherlands will not be affected by the changes. The Dutch legal entity has about 55% of the group's shares. Brexit is apparently not a reason for the decision.
12.04.2018 Plasteurope.com [239474-0]
Published on 12.04.2018
Unilever: Pilotprojekt zur Umwandlung von PET-Abfall in Neuware-QualitätGerman version of this article...

© 2001-2020 Plasteurope.com  |  Imprint  |  Privacy

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: 14.08.2020 19:25:52   (Ref: 862741296)
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