Page 130 - CW E-Magazine (30-1-2024)

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PILOT PLANT
Novoloop partners Aether Industries to validate

process for plastics recycling

Novoloop, a leading plastic circular to the conventional process of produc-
economy technology company, has ing adipic acid. The project will unfold
announced construction of a pilot plant in phases, with the start-up of initial
in partnership with Aether Industries, a operations commencing in Q1 2024
speciality chemical manufacturer and and culminating in a 70-tpa plastic
chemical process development provi- intake capacity by the end of 2024.
der, to demonstrate the scalability of Products generated from the pilot plant
Novoloop’s Lifecycling technology. will be made available to customers for
The technology transforms post- trial and commercial release.
consumer plastic waste (polyethylene)
into chemicals for the synthesis of vir- “Our combined expertise in chemi-
gin-quality, high-performance materi- nuously, confi rming the reliability of cal manufacturing and Novoloop’s
als such as the company’s Lifecycled the process, and hopefully pave the way innovative circular solution creates an
thermoplastic polyurethanes (TPUs). for full-scale production. Additionally, ideal platform to usher in a new era of
the operations at Aether will validate sustainable plastic management,” said
“The integrated pilot plant, mirror- key techno-economic aspects, such Dr. Aman Desai, Director and Senior
ing our full-scale commercial process as product yield and recovery rates, VP of Research, Manufacturing, and
design, marks a pivotal advancement in demonstrating the fi nancial attractive- Operations, Aether.
technology readiness,” said Mr. Nedim ness of the technology.
Hasanbegovic, VP of Engineering, “By scaling this technology, we
Novoloop. According to Novoloop, an ISO- are creating a pathway towards a truly
compliant lifecycle assessment shows circular world, where plastic waste
Equipped with industrially-applicable that the monomers produced in the becomes a valuable resource,” said
instrumentation, process controls, and process can realise a carbon footprint Ms. Miranda Wang, Cofounder and
safety systems, it will operate conti- reduction of up to 91% when compared CEO of Novoloop.

TRADE MEASURE
Anti-dumping duty imposed on MPDA imports from

China

The Finance Ministry has imposed department has imposed anti-dumping Authority in the Commerce Ministry
defi nitive anti-dumping duty on imports duty of $1.50 per kg on imports from in its fi nal fi ndings in December 2013,
of meta-phenylenediamine’ (MPDA) Zhejiang Amino-Chem Co., Ltd. and the Finance Ministry had imposed
from China. The chemical is used as $1.71 per kg for all other producers anti-dumping on MPDA in March 2014
an intermediate in the manufacturing from China. for fi ve years. The fi rst sunset review
of dyes, engineering polymers, aramid investigation was initiated in February
fi bre, in photography and medical The petition seeking sunset review 2018, and again imposed defi nitive
applications. investigations on MPDA imports from anti-dumping duty in January 2019. The
China was fi led by Aarti Industries. The duties so imposed were set to expire on
Based on the recommendations of application was supported by Anupam January 23, 2024. Now, the Revenue
the Directorate General of Trade Reme- Rasayan. The probe was originally Department has imposed anti-dumping
dies (DGTR) in its fi nal fi ndings of initiated in June 2012, and based on duty for fi ve more years with effect
its second sunset review, the revenue the recommendation of the Designated from January 15, 2024.

130 Chemical Weekly January 30, 2024

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