Nova Chemicals launches Canadian plastics circularity centre
19 Mar 24 4 min read
Insights
- Nova Chemicals launches Centre of Excellence for Plastics Circularity.
- The initiative aims to advance sustainable plastics management through R&D collaboration and value chain-integrated solutions.
- Led by NOVA Chemicals' president Roger Kearns, the Centre will drive innovation and support Canada's leadership in the circular economy of plastics.
NOVA Chemicals’ Centre of Excellence aims to further Canadian innovation, meet customer needs, and help achieve global plastics sustainability goals by focusing on two key objectives:
R&D Collaboration – Addressing the complex challenges and opportunities of plastics circularity by fostering collaborative relationships and integrating expertise across disciplines, including material science, engineering, chemistry, environmental science, and public policy.
Value Chain-Integrated Solutions – Ensuring solutions meet the needs of stakeholders across the value chain by actively working with strategic partners across industry, academia, and government to accelerate and deliver practical and scalable technologies.
- 63rd Dornbirn Global Fiber Congress to focus on fibre, energy tech
- Songwon signs The Antwerp Declaration for sustainability
- US firm Cabot launches certified sustainable black masterbatches
- Italy’s NextChem & Johnson Matthey partner for circular methanol tech
- Orion S.A. invests in French tire recycler Alpha Carbone
- Sydney Global Sourcing Expo set to tackle sustainability challenges
“We welcome innovators from across Canada and beyond to join us in developing scalable solutions for the world’s most complex plastics challenges,” said Roger Kearns, president and CEO at NOVA Chemicals. “NOVA has an established reputation for working with others to spearhead innovation, and we are excited to continue bridging gaps between leading-edge ideas and commercially viable technologies.”
Adds Rocky Vermani, SVP of sustainability and innovation with NOVA Chemicals, “As the world looks to grow the circular economy, we are committed to investing in the technology and infrastructure needed to achieve global ambitions while ensuring Canada remains at the forefront of petrochemical and plastics innovation.”
Over five decades, NOVA Chemicals has grown from a small pipeline company on the prairies to a significant contributor to the Canadian economy and leading player in the North American petrochemical and plastics industry. The company’s scientists at its Centres for Applied Research and Performance Applications continually drive innovation and make up western Canada’s largest private research entity. NOVA Chemicals is also a founding member of Responsible Care®, the global chemistry industry’s standard for health, safety, security, and environmental performance.
“We are pleased to see an Alberta-born-and-bred company taking a leading role in accelerating Canada’s leadership in the plastics circular economy by encouraging interprovincial collaboration and innovation. It’s this kind of initiative that leads to real action in protecting the environment while encouraging a prosperous economy.” – Hon. Rebecca Schulz, Alberta minister of environment and protected areas
“This Centre of Excellence demonstrates a pragmatic approach to addressing the opportunities and challenges presented by plastic circularity. By fostering collaboration across sectors, the Centre of Excellence and its partners will be poised to deliver tangible solutions with real-world impact. We are pleased to support these efforts in advancing sustainability within our industry.”– Sam Bendavid, chief corporate development and procurement officer, TC Transcontinental
“As a strategic partner, we fully recognize the value proposition that the Centre of Excellence represents for the betterment of the global circular economy. The COE’s commitment to continuous learning, interdisciplinary collaboration, and disruptive innovation resonates deeply with our own organizational values, and we are eager to support its mission.”– Mehdi Pakravan, vice president and chief technology officer, Polykar
In addition to building on the 20+ years of education and science support that NOVA Chemicals’ genScience initiative has provided to young STEM innovators, the Centre of Excellence will play a pivotal role in supporting the company’s 2030 Roadmap as it looks to lead the development of and transition to circular plastics. In 2023, the company announced its aspiration to achieve 30 per cent recycled content as a share of its total polyethylene sales by 2030 as part of its work to become the leading sustainable polyethylene producer in North America.
Note: The content of this press release has not been edited by Fibre2Fashion staff.
Fibre2Fashion News Desk (HU)
Popular News
|
NCTO outlines steps for US to reverse fall in textile manufacturing |
|
ICE cotton faces heavy selling; prices drop despite positive factors |
|
Bangladesh Bank’s exchange rate policy change sparks taka freefall |
|
US brand Under Armour unveils vanish Pro Tees with NEOLAST innovation |
|
US textiles & clothing imports surge by volume in Jan-Mar 2024 |
|
Cotton yarn market bearish in north India; prices down in Ludhiana |