SABIC Sets Up Chemical Recycling Project
Buyer’s Guide CONVEYORS ALLEGHENY SHREDDERS Old William Penn Hwy East • Delmont, PA 15626 (800) 245-2497 • Fax: (724) 468-5919 Website: www.alleghenyshredders.com E-mail: solutions@alleghenyshredders.com HUSTLER CONVEYOR CO. Website: www.hustler-conveyor.com E-mail: info@hustler-conveyor.com MAYFRAN INTERNATIONAL 6650 Beta Dr. (PO Box 43038) • Cleveland, OH 44143 (440) 461-4100 • Fax: (440) 461-5565 4101 Crusher Dr. • O’Fallon, MO 63368 (636) 441-8600 • Fax: (636) 441-8611
Saudi Basic Industries Corp. (SABIC), Riyadh, Saudi Arabia, has signed a memorandum of understanding (MOU) with Saudi Investment Recycling Co. (SIRC), a subsidiary of Saudi Public Investment Fund (PIF), to help SIRC set up its first chemical recycling project to enable the use of recycled plastic feedstock. The MOU, signed at SABIC headquarters, also proposed a feasibility study on building a chemical recycling plant in Saudi Arabia to convert mixed plastics into pyrolysis oil. The PIF-owned SIRC aims to use mixed plastic scrap col- lected from a material recovery facility (MRF) to be used as feedstock to be converted into pyrolysis oil. SIRC will source, collect, sort and supply feedstock for the chemical recycling facility from municipal solid waste. Both SIRC and SABIC will assess a project feasibility study and the proposed collaboration as part of the MOU. Battery Resourcers Raises $20M Battery Resourcers, a vertically integrated lithium-ion bat- tery recycling and manufacturing company, has completed a $20 million Series B equity round with financing led by Orbia Ventures, the venture capital arm of the multination- al Orbia, and participation from other investors including At One Ventures,TDK Ventures,TRUMPF Venture, Doral En- ergy-Tech Ventures and Jaguar Land Rover’s InMotion Ven- tures. The financing supports the development of a com- mercial-scale processing facility with the annual capacity to process 10,000 tons of batteries, or the batteries from approximately 20,000 electric vehicles (EVs) per year. Battery Resourcers was founded in 2015 in Worcester, Massachusetts, as a spinout from the lab of professor Yan Wang at Worcester Polytechnic Institute. Through the sup- port of the U.S.Advanced Battery Consortium (USABC), Bat- tery Resourcers has developed the technology to convert mixed streams of lithium-ion batteries, regardless of their chemistry, to produce various nickel manganese cobalt (NMC)-based cathode active materials. Battery Resourcers processes a mixed stream of used lith- ium-ion batteries into finished, battery-ready cathode active materials. The company claims 97 percent metal recovery and says it can produce NMC-based cathode active materials with 35 percent reduction in cost, 32 percent reduction in emissions and 13 percent reduction in energy consumption compared with the production of virgin cathode.
Website: www.mayfran.com E-mail: info@mayfran.com
SIERRA INTERNATIONAL MACHINERY 1620 E Brundage Ln • Bakersfield CA 93307 (800) 343-8503
Website: www.sierraintl.com E-mail: info@sierraintl.com
VAN DYK RECYCLING SOLUTIONS 78 Halloween Blvd. • Stamford, CT 06902 (203) 967-1100 • Fax: (203) 967-1199 Website: www.vdrs.com Email: info@vdrs.com
MATERIAL RECOVERY FACILITIES
HUSTLER CONVEYOR CO. 4101 Crusher Dr. • O’Fallon, MO 63368 (636) 441-8600 • Fax: (636) 441-8611 Website: www.hustler-conveyor.com E-mail: info@hustler-conveyor.com SIERRA INTERNATIONAL MACHINERY 1620 E Brundage Ln • Bakersfield CA 93307 (800) 343-8503
Company Wrench Opens Branch In Indianapolis
Website: www.sierraintl.com E-mail: info@sierraintl.com
Company Wrench, Carroll, Ohio, has opened a new branch in Indianapolis. The Indianapolis branch will offer new and used equipment for sale and lease to the general construction, demolition, scrap and recycling markets. In addition to Indiana, CompanyWrench has branches in Florida, Kentucky, New Jer- sey,North Carolina,Ohio, South Carolina andTennessee.
VAN DYK RECYCLING SOLUTIONS 78 Halloween Blvd. • Stamford, CT 06902 (203) 967-1100 • Fax: (203) 967-1199 Website: www.vdrs.com Email: info@vdrs.com
8 April 26, 2021 Recycling Markets
www.nvpublications.com
Made with FlippingBook Publishing Software