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Ravago HQ in Arendonk (Photo: Ravago)
Belgian plastics distributor and compounder
Ravago (Arendonk; www.ravago.com) says it has taken a minority stake in US-based
Alterra Energy (Akron, Ohio; www.alterraenergy.com), a chemical recycling technology company that aims to build a liquefaction site in Europe in 2021.
Additionally, the new shareholder said it will supply pre-processed waste plastics to the US companyâs Akron facility, which can liquefy up to 60 t a day of polymer refuse for use as a feedstock in plastics and chemical production, and Ravago is to serve as a strategic partner for future commercial installations.
A Ravago spokesperson declined to comment on the value of its holding in Alterra, the size of the stake it now controls, and specifics on the types of materials it will supply to the American site.
EVENTS
Third edition of Aimplas âPlastics are Futureâ seminar to be held in October / Hybrid event with 20 presentations
The October 2021 event in Spain is expected to be a hybrid one (Photo: Aimplas)
Spanish plastics technology centre
Aimplas (Valencia; www.aimplas.net) is holding the third edition of its international seminar on new materials, entitled âPlastics are Futureâ (www.plasticsarefuture.com), on 6-7 October 2021, at Aimplasâ Plastics Technology Institute in the Valencia Technological Park.
The seminar is being divided into four sessions. The first two, to be held on the first day, are to discuss the response plastic materials can provide to address environmental challenges in sectors such as mobility and construction, and how polymers can help fight resistant viruses and bacteria, and diseases such as cancer. On the second day, solutions for agricultural production and food safety through packaging are expected to be presented. The seminar
Belgian group wins environmental and patent cases in Italy and China
The partial decision ordered Edison to compensate Solvay for more than EUR 90m in losses and damages (Photo: Panthermedia/Sebastian Duda)
The
Edison, formerly
Montedison, is liable for breaching environmental representations and warranties in its sale of the Spinetta Marengo and Bussi Sul Tirino sites to chemical group
Solvay (Brussels / Belgium; www.solvay.com) in 2001.
Solvay claimed that Edison is liable for breaches of the environmental provisions of a 2001 share purchase agreement, a deal that resulted in Solvay acquiring Edison-owned fluorinates maker
Ausimont in 2002 (see Plasteurope.com of 20.12.2001).
The partial decision, issued on June 22, ordered Edison to compensate Solvay for more than EUR 90m in losses and damages incurred till the end of 2016. It reserved its decision on additional losses and damages from 2017 for another possible phase of arbitration proceedings.
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