LyondellBasell Expands CirculenRecover Line with Innovative Product Grades

LyondellBasell (LYB) has recently introduced an array of eight innovative product compounds under the CirculenRecover portfolio. This strategic move aims to empower customers in embracing circular practices within the realm of plastic packaging, fostering increased utilization of recycled content and curbing plastic disposal in landfills or through incineration. The CirculenRecover brand encompasses a spectrum of products featuring up to 100% Post-Consumer Resin (PCR), meticulously crafted to meet the stringent performance requirements across various common applications.

This groundbreaking development, now accessible in North America, ushers in a new era of sustainability by providing single-pellet solutions within the CirculenRecover portfolio. These compounds cater to the diverse needs of brand owners, offering flexibility in terms of PCR levels. While exhibiting versatility across a myriad of end uses, the newly unveiled products are especially well-suited for industrial and food packaging applications. This includes a broad spectrum ranging from consumer rigid and flexible packaging to items like caps, closures, crates, bottles, and film.

The significance of this announcement is underlined by its alignment with LyondellBasell's overarching corporate objective. The company is steadfastly committed to producing and marketing a minimum of 2 million metric tons of recycled and renewable-based polymers annually by the year 2030. In essence, these newly launched CirculenRecover products contribute tangibly to the realization of this ambitious goal.

The CirculenRecover compounds, by design, facilitate a circular economy approach by harnessing the potential of recycled materials. This not only aids in reducing the environmental impact associated with plastic production but also addresses the critical challenge of plastic waste management. By offering solutions that integrate up to 100% Post-Consumer Resin, LyondellBasell enables its customers to actively participate in the circularity of plastic usage.

This strategic initiative resonates with broader industry trends and consumer expectations. As sustainability continues to gain prominence, businesses are under increasing pressure to adopt eco-friendly practices. LyondellBasell's introduction of these CirculenRecover product grades is not merely a response to market demands but a proactive step towards fostering a more sustainable future.

LyondellBasell's launch of eight new product compounds under the CirculenRecover portfolio marks a pivotal moment in the journey towards sustainable plastic usage. These compounds, with their focus on incorporating recycled content, not only align with market trends but also position LyondellBasell as a trailblazer in fostering circular practices within the packaging industry. As the company works towards ambitious targets for recycled and renewable-based polymers, these CirculenRecover products serve as a testament to its commitment to sustainability and innovation.