Ineos, GreenMantra sign agreement

GreenMantra, Brantford, Ontario, and Ineos Styrolution, Aurora, Illinois, have signed a joint development agreement (JDA) that seeks to align GreenMantra’s technology and Ineos’ Styrolution’s manufacturing infrastructure to convert polystyrene (PS) scrap into polymers and monomers. Ineos’ Styrolution’s will use the monomer to replace a portion of the virgin monomer it uses in the polymerization process.

GreenMantra uses a catalyst and patented depolymerization process to transform end-of-life PS into specialty polymers. INEOS is a styrenics supplier that focuses on styrene monomers, polystyrene, acrylonitrile butadiene styrene and styrenic specialties.

As a part of the partnership, GreenMantra’s secondary product from the PS depolymerization process will be evaluated for use as a raw material by INEOS Styrolution for its PS production.

Ricardo Cuetos, vice president of standard products for Ineos Styrolution America LLC, says, “We are excited to announce this JDA with GreenMantra as we continue to expand our partnerships with companies across North America. It is a pleasure to collaborate with a company that shares our commitment to pursuing a circular economy and keeping valuable polystyrene material from ending up in our oceans and landfills.”

Domenic Di Mondo, vice president of technology at GreenMantra, adds, “As we launch our new technology to upcycle waste polystyrene, we are delighted to work with Ineos Styrolution on applications for our secondary recycled styrene product. This exciting partnership aids both Ineos Styrolution in its goal of enhancing the sustainability of its products and GreenMantra in our mission to close the loop on waste PS by identifying value-creating outlets for our two product streams.”