REIDSVILLE, N.C. (PRWEB) OCTOBER 17, 2022
Envision Plastics and LyondellBasell jointly announced today that they have entered into a long-term supply agreement to bring high quality, innovative sustainability solutions to customers. This agreement leverages each company’s respective capabilities to bring differentiated circular solutions to the market that will help the packaging industry meet its sustainability goals.
“Sustainable packaging solutions are in increasing demand, and it is a trend that is here to stay. We are thrilled to be supplying our EcoPrime® product to LyondellBasell so they can provide unique post-consumer resin solutions to their customers through their CirculenRecover portfolio,” said Roberto Fontanillas, Vice President, and General Manager at Envision Plastics. “Envision has always been a leader in producing HDPE recycled solutions and we look forward to continuing our growth and our relationships with companies like LyondellBasell.”
For more than 20 years, Envision Plastics has been creating innovative sustainable solutions, such as its EcoPrime® product. EcoPrime® is HDPE PCR made from curbside-collected, post-consumer food and beverage containers and is especially unique because the FDA has issued a letter of non-objection, allowing it to be used for direct food contact. The LyondellBasell CirculenRecover polymers include a range of formulated single pellet solutions, combining virgin resin with PCR, that can be used in a wide variety of packaging applications. CirculenRecover products are designed to overcome potential processability and performance challenges associated with utilizing PCR.
“Through this agreement with Envision, we are able to offer industry leading solutions that advance the circular economy,” said Wisdom Dzotsi, director of Circular Polymer Solutions at LyondellBasell. “Agreements with companies like Envision are key to achieving our ambitious goal of producing and marketing two million metric tons of recycled and renewable-based polymers by 2030.”
About Envision Plastics
Envision Plastics was established in 2001. Since then, Envision has produced over 1.5 billion pounds of recycled resin. In June 2014, Envision was acquired by Altium Packaging (formerly Consolidated Container Company) and continues to operate as a distinct business within the Altium family. Envision has achieved unrivaled product innovation with flagship products EcoPrime®, PRISMA®, OceanBound Plastic and Deodorized Resin™. Envision Plastics is committed to delivering innovative, sustainable, and reliable post-consumer resin solutions that meet and exceed the needs of retailers, consumers, brand-owners, and packaging customers. http://www.envisionplastics.com
About LyondellBasell
As a leader in the global chemical industry, LyondellBasell strives every day to be the safest, best operated and most valued company in our industry. The company’s products, materials and technologies are advancing sustainable solutions for food safety, access to clean water, healthcare and fuel efficiency in more than 100 international markets. LyondellBasell places high priority on diversity, equity and inclusion and is Advancing Good with an emphasis on our planet, the communities where we operate and our future workforce. The company takes great pride in its world-class technology and customer focus. LyondellBasell has stepped up its circularity and climate ambitions and actions to address the global challenges of plastic waste and decarbonization. In 2022, LyondellBasell was named as one of FORTUNE Magazine’s “World’s Most Admired Companies” for the fifth consecutive year. For more information, please visit http://www.lyondellbasell.com or follow @LyondellBasell on LinkedIn.
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