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    Home > Chemicals Industry > China Chemical > Borealis plans to significantly increase recycled product capacity

    Borealis plans to significantly increase recycled product capacity

    • Last Update: 2023-02-14
    • Source: Internet
    • Author: User
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    Recently, Austrian Borealis said that the company plans to significantly increase the production capacity of recycled products, including polymers, from the current 100,000 tons/year to 1.
    8 million tons/year in 2030
    .
    Previously, Borealis has announced the spin-off of its greenhouse gas-intensive fertilizer division, and will reduce greenhouse gas emissions from 5.
    1 million tons per year in 2019 to below 2 million tons per year
    .
    Borealis also said the company aims to generate 100% of its electricity supply from green energy by 2030
    .

    Borealis said it currently produces 100,000 tonnes of recycled products a year including recycled and renewable polymers, chemicals and renewable hydrocarbons
    .
    By 2025, the company aims to increase its share of circular products and solutions to six times its current share, or 600,000 tons per year
    .
    By 2030, the volume of the company's recycling products and solutions will reach 1.
    8 million tons/year, turning today's plastic waste into a valuable resource that can be used
    .
    Borealis said the move would significantly reduce greenhouse gas emissions from 5.
    1 million tonnes/year in 2019 to below 2 million tonnes/year in 2030, a decade the company will increase its use of renewable electricity, The project will be commissioned in the second half of the decade
    .
    At the same time, the company will also divest its nitrogen business, which includes fertilizers, industrial nitrogen and melamine
    .
    In terms of electricity sources, currently 25% of the electricity consumed by the company comes from renewable energy sources such as wind and solar energy, and the proportion of green electricity will increase to 40% by 2025.
    Electricity will come 100% from renewable energy
    .

    Recently, Borealis also announced the signing of several renewable feedstock agreements for polypropylene and polyethylene packaging and piping products
    .
    The company has formed a value chain partnership with Finnish ice cream maker Froneri and packaging company Paccor, and Froneri's lunch boxes and lids will be produced using Borealis' recycled polypropylene
    .
    Borealis is also working with Italian Nupi Industries and Finnish pipe company Uponor on renewable pipe materials
    .

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