Styrenics Circular Solutions (SCS) announced its incorporation as an independent legal entity and collaboration platform. SCS was founded in 2017 by leading styrenics manufacturers and is a joint industry initiative to drive the shift to a more circular economy for styrenics.
The four founding members are:
- Ineos Styrolution
- Versalis (Eni).
The four companies have signed the SCS incorporation agreement to further solidify their commitment to transform the styrenics industry by unlocking polystyrene’s unique circularity potential, said the association in a statement. The platform will enable the inclusion of new members across the styrenics value chain and waste management stream, as well as build on the collaboration with long-standing partners, such as PlasticsEurope, and new partners alike. SCS said it will place a strong focus on engaging waste collection and sorting partners to recover more polystyrene and EPS-based products. Thereby, SCS strives to build a close link between waste stream volumes of relevant quality and its recycling processes.
“Today’s signing marks an important milestone of our voluntary pledge”, commented Jens Kathmann, Secretary General of SCS and Vice President EMEA of Ineos Styrolution on 10 December 2018. “The potential for polystyrene recycling is enormous. We know that polystyrene has an unparalleled capacity for closed-loop recycling, when properly collected and sorted. The SCS founding members are fully committed to our objective of full circularity. We therefore welcome partners across the entire value chain, including recyclers, waste management companies, converters and brand owners, to join SCS to link waste streams to our innovative recycling technologies.”