Speciality material solutions provider Trinseo and circular business innovations company GMP Group (GMP) have agreed to enhance the circularity of polystyrene (PS), a material widely used in packaging and other applications.
As part of the initiative, GMP will build and operate an advanced pre-treatment or regeneration plant with a minimum 25kt capacity in the Netherlands.
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The new facility will leverage the Super Clean recycling process to purify PS waste and convert it into high-quality recycled PS pellets. It is expected to commence operations in 2024.
GMP Group general director Gerard Putman said: “This partnership is an essential step forward in our strategies contributing to a healthier world and increased sustainability. Every day, we look for circular business innovations like valuing plastic waste by recycling it into new resources.
“Together with Trinseo, we can now develop, build, and operate a state-of-the-art recycling plant in Europe. This will increase the reuse of a substantial volume of polystyrene in consumer food packaging. Furthermore, we can provide other sustainability solutions and improve circularity in various value chains.”
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A long-term tolling and offtaking agreement is also expected to be signed.
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By GlobalDataUnder the collaboration, Trinseo and GMP will also explore other supply and processing opportunities, as well as share their expertise to develop more sustainable solutions.
For Trinseo, the partnership is aligned with its 2030 sustainability goals.
Trinseo plastics and feedstocks senior vice-president Nicolas Joly said: “The Trinseo–GMP collaboration is yet another important move toward helping our customers reach their sustainability goals and closing the loop for a circular economy, and both companies realise that the most successful way to do this is through synergy along the value chain.”
In December last year, Trinseo agreed to purchase Dutch plastic waste collection and recycling company Heathland.
