Lamar Corporation Plc Press release January 5, 2023 and 10:15 AM ET
ramois Plastic chemical recycling project to the next stage
Lamor’s project to build a plastic chemical recycling facility recycled oil Moving on to the next phase. ramois A first phase investment has been made in the Kilpilahti project company. The next step is to plan the process in more detail and start the actual implementation. This project is unique and has never been implemented before for a facility of this scale for the chemical recycling of plastics. Finland Previous. Recycling plants produce chemically recycled raw materials from waste plastics. It can be used in the petrochemical industry to produce recycled plastics, which are then delivered to suitable refineries for further processing. Ramor Announced the construction of a chemical recycling facility together with Recyclo June 22, 2022.
The first phase aims to build a capacity of 10,000 tonnes per year in the Kilpilahti district of Porvoo. FinlandIn the medium term, estimated by the end of 2026, Ramor We aim to build a decentralized recycling capacity of approximately 40,000 tons of chemical plastics. Finland.
The cornerstone of Lamor’s strategic execution is to act globally, but locally. Ramor leverages its global distribution network and project delivery reference to deliver solutions in customer-specific operating environments that meet global quality standards. Based on these competitive advantages, Ramor is now expanding its plastic recycling offering.
“This investment is an important first step for us. Ramor Develop plastic recycling.Our goal is to create blueprint features and references FinlandWe then aim to leverage our international network to build similar recycling facilities in our strong market sectors. One of our strategic goals is to use our competitive advantage to solve the world’s plastic problem with a project portfolio of 100 kilotonnes of recycled plastic. ” Mika PirneskoskiCEO Ramor.
To combat climate change, there are significant initiatives worldwide to reduce the use of virgin crude oil in the petrochemical industry, and the chemical recycling market is expected to be worth hundreds of billions of euros by 2050. Resiclo’s strong know-how in solutions and plastic chemical recycling enables systematic reduction of carbon footprint, efficient recycling and reduction of the environmental impact of plastics. Advanced chemical recycling enables the plastics industry to increase the amount of plastic that can be recycled into sustainable raw materials.
Mika PirneskoskiCEO, Lamar Corporation Plc,phone. +358 40 757 2151
Ramor Simply put:
Ramor is one of the leading global providers of environmental solutions. Ramor Diverse environmental solutions and services such as equipment used for oil recovery, waste management and water treatment, as well as services for oil spill response and oil spill related cleaning and preparedness services, waste disposal and customized services to customers. Adaptive water treatment solutions. Ramor aims to work with local partners to provide a wide range of solutions that can be tailored to each customer’s needs, to clean up the world the company has been working on since its inception. The company’s shares are listed under the trading code of Nasdaq First North Premier Growth Market Finland, managed by Nasdaq Helsinki. LoveMore information: www.lamor.com
In a nutshell Resiclo:
Resiclo is a Finnish circular economy start-up developing a new advanced chemical recycling site. Resiclo aims to develop a circular economy for plastics and build several chemical recycling sites. Europe“We round the plastic.” More info: www.resiclo.com
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