Opportunities within plastic recycling: Nexam Chemical launches new offer and strengthens its position through Reactive Recycling
Globally, the annual production of plastics has doubled for the past 15 years. At the same time, the recycling rate has not made progress in line with increasing production. Nexam Chemical therefore launches a completely new business offering – Reactive Recycling; a cost- and energy-efficient solution that simplifies the recycling process and makes it possible to restore properties and upgrade lower-quality plastics.
The recycling market is constantly evolving, and more and more actors are choosing to invest in recycled plastic materials as an alternative to fossil raw materials.
– We are pleased to launch a competitive solution, which is both effective and can get more actors to invest in recycling. We have seen significant demand for this type of solution and meet a substantial need among our customers. Reactive Recycling contributes to solving one of today’s challenges and will strengthen our position as a leading supplier of innovations and technologies for a more sustainable plastics industry. With the new offer, we expect to reach a wider mass, says Johan Arvidsson, CEO, Nexam Chemical.
An improved process
Today, the most commonly used recycling method is a mechanical process. One of the biggest disadvantages of mechanical recycling is that the quality of the collected material weakens, and the end products cannot be used in more demanding applications. Reactive Recycling takes place in connection with the mechanical recycling to improve the process and strengthen the properties of the plastic material.
– With our new offer, Reactive Recycling, it becomes possible to increase the recycling rate and make the plastic circulate better, without losing its quality. It is an option that does not require any investment, which is faster and more cost effective compared to several other methods. Our ambition is to contribute to a future-proof plastic and enable further business in a market where there is great potential, says Henrik Bernquist, Business Development Manager, Nexam Chemical.
The global annual production of plastics has doubled in the last 15 years. At the same time, the recycling rate has not developed in line with growing production. There is also an increased need and demand for recycled content, which means that countries must take care of more of the existing quantity and recycle plastic to a greater extent. Reactive Recycling enables this development.
– Due to the mechanical recycling, a large part of today’s recycled plastic is downcycled, that is recycled into lower quality products. With Reactive Recycling, our customers can restore and improve the quality of the recycled plastic, even if it is from a low quality source. More actors can work with larger volumes and develop end products that consist of up to 100 percent recycled plastic. Together with the mechanical process, it will be possible to increase volumes in an energy-smart and cost-effective way, Henrik concludes.