SEATTLE (Scrap Monster): LyondellBasell has introduced a range of eight innovative product compounds under its CirculenRecover portfolio. The move is aimed at helping customers follow circular practices when it comes to plastic packaging. Furthermore, it will ensure increased consumption of recycled content and prevent landfilling and incineration of plastic waste.
The range of products, now available in North America, offers single-pellet solutions within the portfolio, thus boosting sustainability. These compounds caters to various end uses, especially for industrial and food packaging applications. The range of products include caps, closures, crates, bottles, and film.
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The new product launch will help LyondellBasell to boost its efforts to achieve its ambitious goal of producing and marketing a minimum of 2 million metric tons of recycled and renewable-based polymers every year by end-2030.
The strategic initiative to launch eight new product compounds demonstrates the company’s unwavering commitment to sustainability and innovation. It marks an important milestone in its journey towards sustainable use of plastics. The compounds, which focus on recycled content, are in alignment with market trends, the company press release noted.
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