Richmond, Calif.-based durable goods recycler MBA Polymers Inc. is setting up a joint venture plant in the United Kingdom.
The plant, MBA Polymers UK, will be owned with European Metal Recycling Ltd., a Manchester, England-based recycler of metal goods.
The partners have not announced a site for the plant yet, but said it will be operational by early 2009 and capable of recycling 130 million pounds of plastics annually.
MBA will be majority owner of the venture, which will recover plastics from shredder residue - a complex mix that is the result of grinding automobiles, appliances and other metal-rich streams.
``Rather than build expensive and energy-consuming chemical plants, our company provides a way for Europe to manufacture the plastics it needs at significantly lower economic and environmental costs,'' said MBA founder and President Michael Biddle.
David Ireland, EMR's director of technical services, said: ``Not only will this divert materials from landfill and generate significant carbon-dioxide savings, but it will also put EMR at the forefront in meeting the very demanding recycling targets set under producer responsibility regimes in vehicle and electronics recycling.
``These targets are very exacting and can only be met by applying new technologies to the recovery of plastics. We have been working with MBA for some time on this problem,'' Ireland added.
MBA already has a pilot plant in Richmond, and full-scale recycling plants in Guangzhou, China, and Kematen, Austria.