19-01-2022
Toyo Engineering and SCG Chemicals collaborate on recycled feedstock for petrochemicals
Toyo Engineering Corporation and SCG Chemicals in Thailand entered into a memorandum of understanding (MOU) relating to the joint collaboration of improving the process, which is owned by Circular Plas (CirPlas) that SCG Chemicals hold a 60% stake, for turning mixed post-consumer plastics into recycled feedstock for petrochemical businesses.
CirPlas has already operated the demonstration plant for the advanced recycling process in Rayong province, Thailand. In September 2021, the process using the advanced recycling technology received the International Sustainability and Carbon Certification or ISCC PLUS. This certificate is issued to organizations with sustainable management and development across the supply chain with SCG Chemicals as the first in Thailand to be certified in the advanced recycling category. SCG Chemicals and CirPlas are planning to increase the capacity of the demonstration plant, and CirPlas and TOYO execute the joint collaboration of exploring scale-up for commercialization.
The plastic recycling technology owned by CirPlas is the advanced recycling technology using a catalyst, so the recycling process is in low temperatures. This reduces energy consumption and promotes environmental-friendliness. And, by recycling post-consumer plastics into feedstock for virgin plastic resin, it can contribute to solve the problem of plastic waste not only in Thailand but also in other countries.
TOYO’s mission is "Engineering for Sustainable Growth of the Global Community” and will contribute to solving the worldwide problem of plastic waste and a realization of a recycling society while cooperating the "Chemicals Business for Sustainability" that SCG Chemicals is aiming for.
News Category:
-
Beyond processbook & PI vision: Exploring today’s industrial analytics tools
(Webinar) - In the Manufacturing 4.0 era, industrial organizations have more data at their fingertips than ever, offering the promise of higher production rates, more ...
04-06-2024
-
Clariant launches new CATOFIN® 312 propane dehydrogenation catalyst
Clariant, a sustainability-focused specialty chemical company, today announced the launch of CATOFIN 312, its latest propane dehydrogenation catalyst. The new catalyst ...
16-04-2024
-
Yokogawa and GridBeyond conclude investment and strategic partnership agreements
Yokogawa Electric Corporation and energy IT solutions provider GridBeyond of Ireland announce that they have concluded a strategic partnership agreement. Furthermore, ...
16-04-2024
-
Heraeus Precious Metals launches Circlear
Heraeus Precious Metals, a globally leading company in the precious metals industry and one of the largest recyclers of precious metals, has introduced its new offering ...
16-04-2024
-
EMA and JERA to cooperate on LNG procurement and supply chains
The Energy Market Authority and JERA Co Inc, have signed a Memorandum of Understanding to cooperate on mutually beneficial areas in liquefied natural gas procurement ...
16-04-2024
-
Hexagon and Dragos unveil technical partnership to strengthen industrial cybersecurity
Hexagon’s Asset Lifecycle Intelligence division today announced a strategic partnership with Dragos, a global leader in cybersecurity for operational technology (OT). ...
16-04-2024
-
Radix partners with Cleopatra Enterprise to enhance project controls and turnaround management
Radix, a global technology solutions company, announced the signing of a partnership agreement with Cleopatra Enterprise, a leading project cost management software company. ...
16-04-2024
-
Rhône Energies in talks to buy Fos-sur-Mer refinery
Rhône Energies, a consortium of Entara LLC and Trafigura Pte Ltd, has entered into exclusive negotiations to acquire the Fos-sur-Mer refinery and the Toulouse and Villette ...
14-04-2024
-
Cenovus Energy to invest in Toledo and Lima refineries
Canada's Cenovus Energy said it will spend more than $1.5 billion on its 160,000 b/d Toledo and 185,000 b/d Lima refineries in Ohio over the next five years and expand ...
11-04-2024
-
Kent plays integral role in Fawley petrochemical complex
Kent, a leading global engineering and project management company, is proud to announce its significant involvement in ExxonMobil's £800m investment in its Fawley Petrochemical ...
11-04-2024