Veolia accelerates in circular economy with PlastiLoop, the new worldwide offer for recycled plastics
On October 20th, following the launch of the new PlastiLoop brand at K2022 held in Düsseldorf, Germany, Veolia Korea launched PlastiLoop today at domestic plastic recycling plants.
This brand-new offer is made possible by Veolia’s extensive network of experts and its 37 plastic recycling plants around the world. It provides its customers with a large variety of high-performance ready-to-use recycled resins: PET, PP, HDPE, PS, ABS, LDPE, and PC. These circular resins can be fed into production lines in multiple industrial sectors, including Packaging, Textiles, Agriculture, Home and Appliances, Automotive, Industrial and Logistics, Building and Construction.
Veolia’s offer is customised to meet its customers’ needs and can cover all or parts of the global plastics recycling value chain: waste collection, sorting, washing, compounding and production of ready-to-use circular polymers. These circular polymers allow clients to cut their environmental footprints with no compromise on product quality.
Estelle Brachlianoff, Chief Executive Officer of Veolia, comments: "The new PlastiLoop offer brings together all our technical and commercial expertise in recycled plastics to provide our customers with the best possible support with customized solutions. It offers the strength of the Group, through its experts and its various recycling plants, to ensure the best access to recycled plastic deposits. Choosing recycled plastic not only saves resources but also achieves a considerable reduction in CO2 emissions, up to 75% less than virgin plastic. As a global champion of ecological transformation, through this offer, Veolia is creating more outlets for recycled material and promoting the structuring of this sector worldwide."
Launch of PlastiLoop Hwaseong in South Korea
On December 14th, following the global launch, Veolia Korea’s Doksan and DSPL sites have become PlastiLoop Hwaseong located in Hwaseong city, Gyeonggi province. The operation sites annually produce 20,700 tons of recycled PP pellets and 34,000 tons of PP compounds. PlastiLoop Hwaseong’s high performance circular polymers are mainly supplied to the automotive industry, but It is also planning to enter home & appliances and building & construction sectors in the future.
Veolia Korea, established in 1999, is an environmental solution provider aiming at ecological transformation in the field of water, waste and energy management and supporting client ESG management. It currently operates more than 50 sites with 1,300 employees.
Veolia and plastics recycling
Veolia and plastics recycling Global leader in plastics recycling with 37 plants worldwide, Veolia produced about 476,000 metric tons of circular polymers in 2021 and has increased its global recycling capacity fivefold since 2016. It aims to reach 610,000 metric tons of recycled resins delivered by 2023.
Veolia Korea operates 4 plastic recycling project sites including PlastiLoop Hwaseong and provides plastic recycling service in various industries such as pulp & paper, cement, chemical, construction, automotive etc.
https://www.plastiloop.veolia.com/
About Veolia
Veolia group aims to be the benchmark company for ecological transformation. In 2022, with nearly 220,000 employees worldwide, the Group designs and provides game-changing solutions that are both useful and practical for water, waste and energy management. Through its three complementary business activities, Veolia helps to develop access to resources, preserve available resources, and replenish them. In 2021, the Veolia group supplied 79 million people with drinking water and 61 million people with wastewater service, produced nearly 48 million megawatt hours of energy and treated 48 million metric tons of waste. Veolia Environnement (Paris Euronext: VIE) generated consolidated revenue of €28.508 billion in 2021. www.veolia.com
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