Veolia Environnement SpA, one of Europe's largest plastics recycling and waste management companies, has launched a new brand of recycled resins that it hopes will boost sustainability efforts throughout much of the world.
"We're able to do this well as a recycling business," said Sven Saura, vice president in charge of recycling and plastics at the Aubervilliers, France-based company. "We already have the quality standards in place and the processes we need to recycle plastics."
The recycler is christening the resin PlastiLoop and plans to roll it out immediately to recycling customers and others in Europe and Asia. While it is looking at other markets, the material hopes to be a major player in recycled applications in its existing regions, Saura said.
The company already has plans to produce as much as 300,000 tonnes of recycled material, said Anne Le Guennec, CEO of waste activities in France. The company expects to recycle as much as 600,000 tonnes of resin at its many facilities by next year, meeting a goal it set in 2019 to double its production. That includes work at five recycling facilities in France and locations in 14 other countries.
Veolia has the ability to produce recycled resin for a wide variety of applications using such materials as PET, high and low density polyethylene, polypropylene and ABS. The PlastiLoop resin can be customized to customer needs.
While it is unusual for a recycler to produce its own resin, Saura said the company is well positioned to take advantage of its interconnected network of facilities and its ability to produce high-quality recycled flake, pellets and compounds that meet technical standards for performance and safety. The market has shifted in the past years to one where quality demands are higher and the resin must perform as well as virgin material, he said.
"It was not so many years ago that recycled resin was considered cheap and did not have to meet high performance standards," Saura said. "Now, such areas as safety, design and feel are equally important, if not more so, and the resin must meet exacting technical specifications."