Ineos partners with Forever Plast to recycle over 6.5 billion bottle caps
Ineos Olefins & Polymers has announced a partnership with Forever Plast SpA, a leading polymer recycling technologies operator in Italy. Together they have developed a range of new Polyethylene grades that are intended to mirror Ineos virgin grades and to fit both, injection and compression moulding.
The new Recycl-IN products take Post Consumer Recyclate (PCR) from used bottle caps and carefully blend them with highly engineered virgin polymer to create new high-quality caps.
Over the next five years 6.5 billion bottle caps will be diverted from the waste stream to be recycled.
As part of its ongoing drive to support a more circular economy and increase plastics recycling, Ineos is expanding its range of Recycl-IN polymers into the PE non-food caps market.
Iain Hogan, CEO Ineos Olefins and Polymers said “For a while PET bottles have been increasingly recycled but this is one of the first circular developments to tackle the caps. This is a major step forward. We are creating a truly circular approach to ensure used bottle caps are recycled and returned to the market as new highly engineered high-quality caps, rather than being thrown away or wasted.”
