Daily Newsletter

22 November 2023

Daily Newsletter

22 November 2023

Braskem awarded funding for recycling technology research

The Research, Demonstration, and Development grant is from the Reducing Embodied Energy and Decreasing Emissions (REMADE) Institute.

Claire Jenns November 21 2023

Biopolymer producer Braskem has been awarded a $600,000 Research, Demonstration and Development (RD&D) grant from the Reducing Embodied Energy and Decreasing Emissions (REMADE) Institute for its recycling process technology to extract pure polypropylene (PP) from PCR.

The RD&D project is focused on innovating a new recycling process technology to extract PP from PCR multilayer packaging waste that is currently hard to recycle.

This involves developing Solvent Targeted Recycling and Precipitation (STRAP) technology to extract pure resin from mixed polymers. It is intended that this solvent-based technology will be able to remove additives, ink, pigments and adhesives, ultimately producing a cleaner polypropylene.

It is a partnership between Braskem America, Michigan Technological University and the University of Wisconsin–Madison, all of which are providing additional foundational project funding.

Michigan Technological University professor Ezra Bar-Ziv explained that they “expect to use the [STRAP] system to analyse a wide range of feedstocks and de-risk STRAP technology.”

REMADE is a public-private partnership established by the US Department of Energy (DOE).

The DOE and REMADE selected 14 projects in October 2023 with a combined total of $9.8m in research and development funding.

Earlier this year, Braskem signed a joint venture with petrochemical company SCG Chemicals to create Braskem Siam Company and open a new ethylene plant in Thailand.

The company also hopes to expand its portfolio to include 300,000 tons of thermoplastic resins and chemicals with recycled content by 2025 and one million tons of such products by 2030.

Global food packaging industry witnessing an uptick in demand for personalized packaging

Per GlobalData analysis, the South-East Asia construction industry in 2023 is dominated by Indonesia, though the country will see a slowdown compared to 2022 due to elevated building material prices, weak commercial property demand, high interest rates and a softening of external demand. The construction industry in the Philippines is estimated to register a AAGR of 7.2% between 2024 and 2027, supported by the government’s focus on the development of the country’s rail and road transport and energy infrastructure.

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