Solvay, Kobe Steel to set up PVC recycling plants
Date: 20-Jun-02
Country: BELGIUM
Each plant will have a capacity of 20,000 metric tons per year, the companies said in a statement yesterday.
A joint-venture including Solvay, Kobe and other companies will run the PVC recycling business.
Both companies said they were also considering entering other Asian countries including China.
Solvay said in August it had signed an agreement with Kobe Steel to market its Vinyloop PVC recycling process in Japan.
The process enables waste PVC plastic to be reused to make new PVC.
About 2.5 million tonnes of PVC are produced in Japan, of which 1.6 million are used domestically.
Of the one million tonnes of waste PVC in Japan, roughly 300,000 are recycled.
The first commercial Vinyloop plant started operations in Italy in February.
Solvay also said it had more than 10 projects to build similiar plants in France, Germany, Spain, the United Kingdom, Belgium and Canada.