KUALA LUMPUR, Aug 3 (Bernama) -- Polyplastics Group, a global supplier of engineering thermoplastics, has launched the DURACIRCLE (TM) initiative for recycling engineering plastics.
This effort applies to a wide variety of sustainable solutions that contribute toward achieving a 100 per cent recycling rate for engineering plastics, without being confined to the existing business model of manufacturing and selling plastics.
According to a statement, Polyplastics' goal is to achieve carbon neutrality by 2050.
Phase one of the sustainability initiative consists of the opening of Polyplastics' new DURACIRCLE (TM) Re-compounding Service business which will offer high-quality mechanically recycled materials starting by March 2024.
The service is a clear departure from conventional recycling, aiming to perform horizontal recycling which is considered difficult with engineering plastics since these materials require high quality in subsequent uses.
Horizontal recycling is a recycling method to recycle products into the same products, such as recovering plastic bottles and recycling them back into plastic bottles.
In addition to expanding DURACIRCLE (TM) to markets outside Japan, Polyplastics plans to develop and offer recycling technologies for post-consumer recycled (PCR) materials which are even harder to reprocess.
As environmental needs evolve, Polyplastics is developing future solutions for mechanical recycling, chemical recycling and biogenic carbon cycles.
With over 50 years of experience, the company is backed by a strong global network of research and development (R&D), production and sales resources capable of creating advanced solutions for an ever-changing global marketplace.
-- BERNAMA
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