Press Release, 10/27/2020, Frankfurt, Germany
INEOS Styrolution, the global leader in styrenics, announced today that it has been chosen by Chemical Week as a finalist in the magazine’s sustainability awards 2020 under the category “best sustainability programme”.
INEOS Styrolution was nominated as a finalist based on its annual sustainability report, which provides a comprehensive review of the company’s environmental, social and governance (ESG) performance over the past year, and outlines the company’s strong commitment and actions to transition to a circular and low-carbon economy.
INEOS Styrolution was particularly recognised for its sustainability programme that has evolved significantly since it was established in 2014. Initially, the company concentrated its efforts on optimising its portfolio and provide high quality, safe and durable styrenics products to customers.
To address the increasing global challenges, the focus of the programme expanded to developing circular solutions. This has significantly accelerated the company’s efforts to develop post-consumer recycled products. Here the company has made significant steps forward with the introduction of INEOS Styrolution ECO, its family of sustainable products. This includes Terluran® ECO, the company’s first ABS grades comprising post-consumer recycled material[1], and Styrolux® ECO and Styroflex® ECO made using renewable feedstock. The company also achieved a breakthrough in 2019 by producing virgin polystyrene at lab-scale from previously depolymerised material[2] and is now focusing on producing this recycled polystyrene at commercial scale.
INEOS Styrolution has also been awarded a platinum rating by EcoVadis due to its advanced sustainability performance, ranking it in the top 1% of plastics manufacturers worldwide.
Petra Inghelbrecht, Global Sustainability Manager at INEOS Styrolution, comments: “Our programme has a strong focus on innovation for circularity and value chain collaboration. Our aim is to further shift towards low-carbon, circular polymers by reducing our greenhouse gas emissions. We are very proud for being recognised for our efforts.”
[1] See http://www.ineos-styrolution.com/news/ineos-styrolution-introduces-first-standard-abs-grades-with-post-consumer-recycled-material
[2] See http://www.ineos-styrolution.com/news/ineos-styrolution-breakthrough-in-chemical-recycling-of-polystyrene
