Borouge joins hands with Chinese plastic recycling companies to expand recycled plastic product line

Shanghai, China – June 1, 2021: Borouge, a leading provider of innovative and value-added plastic solutions, announced today that it has signed a memorandum of understanding with Suzhou Jinhui Technology Materials Co.
, Ltd.
(Suzhou Jinhui), which will help Borouge achieve its natural and the strategic goal of an end-to-end solution provider for recycled polyolefins
.

Through the all-round cooperation with Suzhou Jinhui, with its strong physical recycling capabilities, Borouge will further promote the development and commercialization of new packaging applications containing recycled plastic components while obtaining the supply of recycled plastic pellets, thereby promoting the company sustainable development to meet the growing market demand for circular packaging
.

Wang Yanbin, Senior Vice President of Borouge North Asia, said: "This strategic cooperation is an important milestone in Borouge's efforts to advance the goal of 'zero plastic waste'
.
In response to China's phased implementation of single-use plastic products Borouge will continue its commitment to developing plastic recycling solutions to support business needs and address environmental challenges
.
”

Borouge has successfully piloted recycled plastics in key application markets such as courier bags and detergent packaging, without sacrificing end-use quality and performance
.

Richard Horne, Vice President, Packaging and Circular Economy, Borouge said: "Borouge will continue to develop innovative and differentiated products that unlock more value for our customers and industry chain partners and help them achieve their sustainability goals
.
"

“Having the supply capacity of recycled plastics can help us to further expand our product line, speed up application innovation, and bring it into commercial production
.
Borouge will continue to work with partners to develop new solutions and businesses that help advance the circular economy.
mode
," Horne added
.

Currently, Borouge is also working on developing breakthrough new packaging designs that improve the efficiency of packaging reuse and recycling while improving traditional designs and enhancing their functionality
.
At the same time, the company is also developing easy-to-recycle single-material packaging solutions, and has successfully launched a series of single-material solutions for everyday packaging applications, such as rice bags, food packaging, toothpaste tubes, and pet food packaging
.
The company also recently introduced its Bornewables™ line of high-quality renewable polyolefins produced by Borealis to customers
.

Borouge expects to partner with more plastics recycling companies in the coming months to expand the share of recycled plastics in its product line and jointly develop innovative solutions for new packaging applications
.