The agreement reached between ELIX Polymers and REPSOL will make it possible to implement a collaborative framework for a circular economy that includes the commitment to supply ISCC PLUS-certified recycled styrene on a regular basis as from 2021.
ELIX Polymers
ELIX Polymers and REPSOL sign Circular Economy partnership agreement
This alliance will enable both companies to strengthen their customer-supplier relations and co-operate on achieving their goals within their respective circular economy and sustainability strategies.
At the end of 2019 REPSOL obtained the ISCC PLUS certification for all its production centres of polyolefin and other circular petrochemical products, including recycled styrene. This certification enables REPSOL to guarantee the traceability of the waste used in order to offer products to its customers made from recycled material for applications with strict cleanliness and safety standards. These recycled products are obtained from the chemical recycling of post-consumer plastic waste that is not suitable for mechanical recycling.
The agreement includes the possibility of developing joint projects within the scope of the circular economy for developing more sustainable solutions.
ELIX Polymers and REPSOL belong to the Styrenics Circular Solutions (SCS) platform. In addition, ELIX Polymers is also a member of the European PLAST2BCLEANED project.
ELIX is establishing partnerships with raw material suppliers that allow it to integrate increasingly more renewable raw materials into its products, in addition to high-quality, mechanically recycled ABS and monomers from chemical recycling. The objective is to reduce its ecological footprint and contribute to establishing new standards for the plastics industry.
Partnerships such as the one with REPSOL will enable ELIX to create the necessary synergies in the value chain and offer products that are manufactured based on more sustainable materials.