Tie-ups: Lubrizol/Prince Pipes to market CPVC piping in India; PureCycle/SK Global Chemical to open recycling plant in South Korea

US materials firm Lubrizol Advanced Materials, the largest manufacturer of CPVC compound worldwide, and Prince Pipes and Fittings have tied up for the sale and manufacturing of Corzan CPVC material and piping solutions in India’s 160 billion rupees-worth market. With this collaboration, Lubrizol says it will broaden its product offerings in the Indian industrial piping sector and will strengthen the position of Prince Pipes and Fittings in the industrial piping systems in India.

Lubrizol is a pioneer in CPVC piping technology and its Corzan® CPVC has a long history of withstanding high pressures and corrosive chemicals. Corzan CPVC is known for its reliability, consistency, efficiency, and productivity without disruptions, it adds. It is mainly used for transporting chemicals, industrial water treatment, mineral processing, and oil & gas applications. Corzan CPVC is recyclable and is used again as an additive in other vinyl compounds.

Commenting on the collaboration, Scott Mold, General Manager - TempRite Engineered Polymers, “I am excited for our expanded partnership with Prince Pipes to launch Corzan CPVC material and piping solutions in India. It further supports Lubrizol’s long history and commitment to the Indian market and aligns with India’s “Make in India” initiative. Together with Prince Pipes and Fittings leadership, I am confident this partnership will prosper and deliver the highest standard of quality and performance to the Indian industrial market.”

Commenting on the collaboration Nihar Chheda, VP, Prince Pipes and Fittings, said, “The Indian Industrial piping market has huge potential of 160 billion rupees. This is today dominated by the conventional MSRL pipes and low adoption of CPVC, which is majorly used only for domestic applications. Whereas globally, Corzan CPVC pipes are well accepted for Industrial applications. This association strengthens Prince Pipes’ portfolio of existing range of industrial solutions. Prince OneFit with Corzan CPVC Technology will solve corrosion issues while decreasing the downtime enabling continuous production. This reflects our strong intent to continue to drive high-impact change for higher value creation.”

In other news, another US firm, recycling technology provider PureCycle Technologies, has a signed memorandum of understanding (MOU) with South Korean chemical firm SK Global Chemical as a first step to enable the building and operating of a recycling facility in South Korea to transform polypropylene (PP) waste into ultra-pure polypropylene resin (UPRP). The signed MOU will allow for PureCycle and SK Global Chemical to work toward solving the ongoing plastic waste crisis in South Korea and around the globe.

Mike Otworth, CEO, PureCycle, said, "We are bringing together a premier team of experts to achieve our goal of recycling 1 billion pounds of PP waste by 2025. The sad reality is that 91% of plastic waste is not recycled. That is exactly why our work with SK Global Chemical will be incredibly important to reducing plastic waste and helping society view plastic as an infinitely sustainable material."

The MOU with SK Global Chemical is designed to lead to the development of solvent-based recycling operations in Asia Pacific and add to the facility locations already growing across the US. PureCycle uses proprietary technology to recycle waste PP into UPRP for applications spanning consumer goods, automotive, building and construction, and industrial uses. The company can process a wide range of waste PP with varying levels of contamination and effectively remove containments to create an ultra-pure PP resin.

Construction on the flagship Ironton, Ohio, recycling facility is well underway and expected to begin commercial production in the fourth quarter of 2022 and the company announced in July the location for the first cluster facility in Augusta, Georgia. PureCycle has already presold more than 20 years of UPRP output from the Ohio plant.

(PRA)

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