The post SYNOVA announces the appointment of James L Connaughton as Member of the Board and the election of Willem Sederel as Chairman of the Board. appeared first on Synova Tech.
]]>Jim is a very experienced and successful advanced technology and policy entrepreneur and a reputable advisor to business and government. He has a stellar track record in entrepreneurship, startups and sustainable business development in the field of AI aided data management, chemicals and plastics, and environmental policy.
Among the many important roles and responsibilities that Jim holds and fulfilled, a few stand out: he was President George W. Bush’s senior advisor on energy, environment, and natural resources, and Director of the White House Office of Environmental Policy. He was Chairman and CEO of Nautilus Data Technologies, and is a senior advisor to Shine Fusion Technologies, which is developing advanced medical isotope, industrial imaging, radiation effects testing, and fusion energy systems, and to GSF Upcycling, an innovative startup based in Spain, which is developing unique nano-structured materials.
Jim holds a law degree from Northwestern University Pritzker School of Law.
The Board elected Dr. Willem Sederel (an industry veteran within the chemicals and plastics sector with Shell, General Electric Plastics and SABIC) to serve as the new chairperson in December 2024. Willem has been serving as an independent director since April 2021.
Jörg Krüger, CEO and Managing Director at SYNOVA, said: With Jim joining the Board, we gain additional perspective of entrepreneurship and environmental policy. We are very excited about the opportunity to work with Jim on the acceleration of plastic circularity.”
The post SYNOVA announces the appointment of James L Connaughton as Member of the Board and the election of Willem Sederel as Chairman of the Board. appeared first on Synova Tech.
]]>The post Advanced Recycling Sponsor for the Go Circular Summit 2025 in Rotterdam! appeared first on Synova Tech.
]]>This year’s programme dives into the entire circular value chain of plastics, from brand owners to recycling companies, with plenty of insights on the latest regulations.
Jörg Krüger, our CEO, will be taking the stage to talk about “Cracking Mixed Plastic Waste: Thermochemical Recycling to Monomers Without Detour.”
📅 Date: 4 March 2025
⏰ Time: 11:00
📍 Location: WTC Rotterdam
We’d love to see you there.
For more details, including the full programme, please visit the conference website.
The post Advanced Recycling Sponsor for the Go Circular Summit 2025 in Rotterdam! appeared first on Synova Tech.
]]>The post The Future Of Advanced Recycling sponsored by SYNOVA appeared first on Synova Tech.
]]>Jörg will be speaking on the 15th of January, during session 3 titled:
“Cracking Solid Waste to High-Value Chemicals: An Innovative Approach Based on Proven Principles.”
His presentation will highlight the following key areas:
Join us there and let’s discuss how our solution can help you meet your recycling targets!
For further details, including the full event agenda, please visit the conference website.
The post The Future Of Advanced Recycling sponsored by SYNOVA appeared first on Synova Tech.
]]>The post SYNOVA announces the appointment of Nelleke van der Puil as a Member of the Board appeared first on Synova Tech.
]]>Nelleke brings with her a wealth of experience in, but not limited to, applied material science and production of sustainable plastic products, including their environmental impact, market acceptance and customer satisfaction.
Nelleke is currently serving as VP Materials at LEGO Group and is responsible for delivering on the company’s strategy with respect to the development and use of sustainable materials for LEGO products. Prior to joining LEGO, she was VP Technology at Avantium. Nelleke holds a PhD in Chemical Engineering from Delft University of Technology.
Jörg Krüger, CEO and Managing Director at SYNOVA, said: “SYNOVA has a very experienced Board with profound expertise in financing, legal, and the chemical and plastics industry. With Nelleke joining, we gain the additional perspective of consumers and brands. We are very excited about the opportunity to work with Nelleke on the acceleration of plastic circularity.”
SYNOVA is a technology provider offering solutions to close the gap in carbon circularity. Its waste-to-chemicals technology is a superior form of chemical recycling, designed to displace the need for fossil feedstocks and reduce climate impacts. SYNOVA is focused on enhancing the circular economy of plastics and helping consumer product and petrochemical companies to achieve targets to reduce waste and to produce and use more recycled plastics. The technology was invented by the Netherlands Organization for Applied Scientific Research (TNO), an independent Dutch research organization that, amongst others, develops technology relevant to the Circular Economy and Energy Transition. For further information: www.synovatech.com
Marc Prevoo
CFO
[email protected]
The post SYNOVA announces the appointment of Nelleke van der Puil as a Member of the Board appeared first on Synova Tech.
]]>The post SYNOVA, SABIC and Technip Energies join forces to accelerate plastic circularity appeared first on Synova Tech.
]]>The combined technology includes SYNOVA’s proprietary solids cracking technology (MILENA) in combination with its gas conditioning and tars removal technology (OLGA) for the conversion of plastic waste into product gas, which contains high value chemicals. The SYNOVA technology is combined with T.EN’s proprietary gas treatment technology (Pure.rGas™) to remove contaminants from the product gas and purify it to bring the final products up to a specification compatible with processing in a steam cracker downstream of the cracker furnace. The combined technology efficiently converts plastic waste into high value chemicals, enabling an efficient plastic circularity route and significant reduction of greenhouse gas emission.
In support of SYNOVA and the collaboration, SABIC’s affiliate SABIC Ventures US Holdings LLC has become an investor in SYNOVA.
SYNOVA will use their investment to enhance the development of its technology and to strengthen its engineering capabilities.
Jörg Krüger, CEO and Managing Director at SYNOVA, said: “I am thrilled that SABIC has joined Synova as an investor and development partner. This proves the confidence SABIC has in our team and our technology. The SABIC investment follows the completion of an in depth technical due diligence process.
The Joint Development and Cooperation Agreement clearly defines the next steps that SABIC, T.EN, and SYNOVA will execute together to successfully build a commercial scale chemical recycling plant to improve plastic circularity.”
Frederik Hoornaert, General Manager Chemicals Technology & Innovation at SABIC, said: “We are excited about this collaboration with SYNOVA and Technip Energies because it fits perfectly into our ambition on circularity, part of our flagship TRUCIRCLE™ program. We were the first in our industry to commit to the upscaling of the advanced recycling of used plastics. This new cooperation is another example of our commitment and we believe this technology can play a major role in converting lower quality mixed plastic waste into virgin olefins.”
Bhaskar Patel, SVP Business Line Sustainable Fuels, Chemicals and Circularity, at Technip Energies, stated: “We are excited to work together with SABIC and SYNOVA on this opportunity to bring circularity for plastic waste to reality. Building on the cooperation Technip Energies already has with SYNOVA, we are looking forward to joining forces with SABIC and supporting their ambition in the field of circularity by providing our technological expertise for the purification of pyrolysis gas together with our engineering skillsets for a successful commercial plant.”
SYNOVA is a technology provider offering solutions to close the gap in carbon circularity. Its waste-to-chemicals technology is a superior form of chemical recycling, designed to displace the need for fossil fuels and reduce climate impacts. SYNOVA is focused on enhancing the circular economy of plastics and helping consumer product and petrochemical companies to achieve targets to reduce waste and to produce and use more recycled plastics.
The technology was invented by the Netherlands Organization for Applied Scientific Research (TNO), an independent Dutch research organization that, amongst others, develops technology relevant to the Circular Economy and Energy Transition.
For further information: www.synovatech.com.
SABIC is a global diversified chemicals company, headquartered in Riyadh, Saudi Arabia. It manufactures on a global scale in the Americas, Europe, Middle East and Asia Pacific, making distinctly different kinds of products: chemicals, commodity and high performance plastics, agri-nutrients and metals.
SABIC supports its customers by identifying and developing opportunities in key end-use applications such as construction, medical devices, packaging, agri-nutrients, electrical and electronics, transportation and clean energy.
SABIC recorded a net profit of SR 23 billion (US$ 6.15 billion) in 2021. Sales revenues for 2021 totaled SR 174 billion (US$ 46.6 billion). Total assets stood at SR 318 billion (US$ 84.9 billion) at the end of 2021. Production in 2021 stood at 58 million metric tons.
The company has more than 31,000 employees worldwide and operates in around 50 countries.
Fostering innovation and a spirit of ingenuity, SABIC has 10,090 patents and pending applications, and has significant research resources with innovation hubs in five key geographies – USA, Europe, Middle East, South Asia and North Asia.
For further information: www.sabic.com.
Technip Energies is a leading Engineering & Technology company for the energy transition, with leadership positions in Liquefied Natural Gas (LNG), hydrogen and ethylene as well as growing market positions in blue and green hydrogen, sustainable chemistry and CO2 management. The company benefits from its robust project delivery model supported by extensive technology, products and services offering.
Operating in 34 countries, our 15,000 people are fully committed to bringing our client’s innovative projects to life, breaking boundaries to accelerate the energy transition for a better tomorrow.
Technip Energies is listed on Euronext Paris with American depositary receipts (“ADRs”).
For further information: www.technipenergies.com.
Marc Prevoo
[email protected]
Kevin Noels
[email protected]
Lindsay Clarkmead
[email protected]
Annette Morgan
Marketing and Communications
[email protected]
The post SYNOVA, SABIC and Technip Energies join forces to accelerate plastic circularity appeared first on Synova Tech.
]]>The post Trinseo Chemical Recycling Plant on track appeared first on Synova Tech.
]]>BERWYN, Pa.–(BUSINESS WIRE)– Trinseo (NYSE: TSE), a global materials company and manufacturer of plastics and latex binders announced that plans for a world-class chemical recycling plant in Europe are progressing rapidly. In late 2021, Trinseo contracted with global technology provider SYNOVA and global engineering services company Worley, and is currently working on an engineering package and preparing Trinseo’ s Tessenderlo, Belgium site for recycling operations.
Trinseo is targeting to begin construction by the end of 2022. The plant will be dedicated to recycled polystyrene (rPS), meeting increased demand for the material as brand owners seek sustainable options. It will process 15 kilotons of rPS flakes annually that will be converted into high quality recycled styrene to enable further production of polystyrene (PS) and/or a styrene derivative including Acrylonitrile Butadiene Styrene (ABS) and Styrene Acrylonitrile (SAN).
PS is one of the most widely used plastics and can be fully circular. Due to its simple chemistry, it can be converted to its monomer yielding a material with identical properties as its fossil equivalent.
“Trinseo chose SYNOVA and Worley to move forward with because of their leadership in their respective areas, the efficiency and maturity of their technologies and approaches, and high-quality output,” said Francesca Reverberi, SVP and Chief Sustainability Officer. “Both, also, have a very strong commitment to sustainability and this alignment was critical for us as we continue our journey and goal of delivering sustainable material solutions, while maintaining high quality and performance.”
SYNOVA is a provider of leading technology for the recycling of mixed plastic waste. The technology has been invented by TNO, an independent Dutch research organization, and features a highly efficient process to covert waste into high value products, while improving the CO2 footprint.
Worley delivers project and asset services for the energy, chemicals, and resources sectors around the world. The company provides expertise in engineering, procurement, and construction, as well as consulting services. Every day, its 48,000-strong team helps customers get one step closer to solving our planet’s toughest issues such as climate change, the energy transition, digital transformation, and how we can deliver a more sustainable world.
The construction of the Tessenderlo recycling facility is part of Trinseo’ s commitment to circularity in plastics. As a major producer of PS, the company’s focus on polystyrene’s sustainability has allowed Trinseo to support its customers’ sustainability objectives, develop technologies that can be applied broadly, and impact the future of the plastics industry.
Besides being a founding member of Styrenics Circular Solutions and an active member of over 60 industry and trade associations globally, regionally and locally, Trinseo has been an advocate for mass balance processes, essential to providing sustainable plastics solutions. The company recently announced an offtake agreement for recycled styrene with recycler Indaver, the acquisition of recycler Heathland B.V., and the introduction of bio-attributed PS, ABS and SAN.
Trinseo (NYSE: TSE) is a global materials solutions provider and manufacturer of plastics and latex binders with a focus on delivering innovative, sustainable, and value-creating products that are intrinsic to our daily lives. Trinseo is dedicated to making a positive impact on society by partnering with like-minded stakeholders and supporting the sustainability goals of our customers in a wide range of end-markets including automotive, consumer electronics, appliances, medical devices, packaging, footwear, carpet, paper and board, and building and construction. Trinseo had approximately $3.0 billion in net sales in 2020 and has 26 manufacturing sites and one recycling facility around the world and approximately 3,400 employees. For more information, please visit: www.trinseo.com.
Cautionary Note on Forward-Looking Statements
This press release may contain forward-looking statements including, without limitation, statements concerning plans, objectives, goals, projections, strategies, future events or performance, and underlying assumptions and other statements, which are not statements of historical facts or guarantees or assurances of future performance. Forward-looking statements may be identified by the use of words like “expect,” “anticipate,” “intend,” “forecast,” “outlook,” “will,” “may,” “might,” “see,” “tend,” “assume,” “potential,” “likely,” “target,” “plan,” “contemplate,” “seek,” “attempt,” “should,” “could,” “would” or expressions of similar meaning. Forward-looking statements reflect management’s evaluation of information currently available and are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Factors that might cause such a difference include, but are not limited to, our ability to successfully execute our transformation strategy and business strategy; our ability to integrate acquired businesses; global supply chain volatility, increased costs or disruption in the supply of raw materials or increased costs for transportation of our products; the nature of investment opportunities presented to the Company from time to time; and those factors discussed in our Annual Report on Form 10-K, under Part I, Item 1A —”Risk Factors” and elsewhere in our other reports, filings and furnishings made with the U.S. Securities and Exchange Commission from time to time. As a result of these or other factors, our actual results may differ materially from those contemplated by the forward-looking statements. Therefore, we caution you against relying on any of these forward-looking statements. The forward-looking statements included in this press release are made only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law.
Paula Biskup
Trinseo
248-802-2783
[email protected]
Source: Trinseo
The post Trinseo Chemical Recycling Plant on track appeared first on Synova Tech.
]]>The post Jörg Krüger appointed CEO of SYNOVA appeared first on Synova Tech.
]]>Mr. Krüger brings with him substantial experience and a strong network in the chemical industry spanning over 30 years with Bayer, GE Bayer Silicones, Momentive Performance Materials, Orion Engineered Carbons and Compo Expert. He has a track record of building large chemical plants with EPC contractors and optimising chemical processes via developing operational excellence with global teams he led.
As CEO of SYNOVA Jörg Krüger will play a key role in SYNOVA’s transition from demonstrating the technology at industrial scale to commercial roll out of the technology, an area where he brings extensive expertise. Jörg will be based in Maassluis where he will lead the planning, execution and evaluation of the SYNOVA strategy.
Jörg Krüger said: “I am passionate about the need to transform the industry from linear to circular and thrilled to join the SYNOVA team on their journey to Plastic Circularity 2.0. I am looking forward to work with our partners in the value chain to make a large contribution to the sustainability of the industries we serve. I am convinced SYNOVA’s technology will prove to be a differentiator in terms of much needed feedstock flexibility and significantly reduced CO2-emissions.”
Ibrahim Al Husseini, Chairman of the SYNOVA Board of Directors said: “We are thrilled to have Jörg join our SYNOVA team as the new CEO. He brings a wealth of industry experience both in the chemical as well as the private equity space. The timing is perfect with SYNOVA gearing up its efforts to demonstrate and commercialize its advantaged process technology, now widely recognized by the industry.”
SYNOVA is an advanced recycling company focused on closing the gap in the plastic supply chain. Its waste-to-chemicals technology is a superior form of chemical recycling, designed to displace the need for fossil fuels and reduce climate impacts. SYNOVA is focused on enhancing the circular economy of plastics and helping consumer product and petrochemical companies achieve targets for reducing waste and utilizing more recycled plastics. The technology was invented by the Netherlands Organization for Applied Scientific Research (TNO), an independent Dutch research organization that, amongst others, develops technology relevant to the Circular Economy and Energy Transition.
Able to process municipal solid waste, including mixed plastic waste, the technology also features a ‘best in class’ cleanup train. It removes 99.9% of unwanted tars and uses the energy value to create a highly efficient process with a better CO2 footprint, that serves numerous applications, including olefins (the building blocks for new plastics), BTX, RNG and electricity.
For more information: www.synovatech.com or www.linkedin.com/company/synova-tech.
The post Jörg Krüger appointed CEO of SYNOVA appeared first on Synova Tech.
]]>The post SYNOVA and Technip Energies announce strategic partnership in advanced plastic recycling technology appeared first on Synova Tech.
]]>SYNOVA’s patented thermochemical recycling technology closes the gap in the plastic supply chain, by taking dirty and mixed plastic waste and breaking it down to its basic building blocks, such as olefin monomers and co-products, to produce circular plastics. The process has a low carbon footprint and displaces the need for virgin polymers, in addition to reducing the need for intensive plastic waste sorting.
The technology was invented by the Netherlands Organization for Applied Scientific Research (TNO), an independent Dutch research organization that, amongst others, develops technology relevant to the Circular Economy and Energy Transition. Together with SYNOVA, the technology has been further developed, tested and piloted over a 15-year span.
Technip Energies brings its expertise in hydrocarbon treatment and purification, along with its unmatched experience in design, construction and upgrading steam cracker units to this partnership with SYNOVA. The company will cooperate with SYNOVA in the optimization and improvement of the plastic recycling technology.
“Chemical recycling is going to be a big business, and we have a technological advantage in the race“, said Van Morris, CEO of SYNOVA. “Partnering with Technip Energies brings the expertise, skill and reputation to achieve the last mile of commercialization and allow this technology to provide a path to a more sustainable future.”
Stan Knez, Senior Vice-President Technip Energies Process Technology, stated: “Technip Energies is founded on the vision of accelerating the energy transition for a better tomorrow. This partnership with SYNOVA supports our vision by providing consumers, manufacturers and plastic producers a circular economy route, using recycled monomers from end-of-life plastic waste. The symbiotic coupling of the Technip Energies steam cracker knowledge and SYNOVA technology provides a comprehensive offering.”
The result of the strategic partnership will provide a unique waste-to-olefins solution, reducing carbon dioxide emissions and end-of-life plastic pollution by closing the loop in support of a circular economy. The approach gives consumer goods manufacturers a way to achieve recycled content targets, as well as the continued use of current packaging materials now that there is a process to recycle them.
SYNOVA is an advanced recycling company focused on closing the gap in the plastic supply chain. Its waste-to-chemicals technology is a superior form of chemical recycling, designed to displace the need for fossil fuels and reduce climate impacts.
SYNOVA is focused on enhancing the circular economy of plastics and helping consumer product and petrochemical companies achieve targets for reducing waste and utilizing more recycled plastics.
SYNOVA’s patented technology, developed by TNO, a premier Dutch research institute, is uniquely poised to close the current gap in the plastic value chain. Able to process MSW, including mixed plastic waste, the technology also features a ‘best in class’ cleanup train that removes 99.9% of unwanted tars and uses the energy value to create a highly efficient process with a better CO2 footprint. The result is a gas made up of high value molecules that have numerous applications, including olefins (the building blocks for new plastics), BTX, and Renewable Fuels. SYNOVA’s technology has more than 7,000 hours of independently verified testing at multiple scales. For more information: synovatech.com or https://www.linkedin.com/company/synova-tech.
Technip Energies is a leading Engineering & Technology company for the energy transition, with leadership positions in LNG, hydrogen and ethylene as well as growing market positions in blue and green hydrogen, sustainable chemistry and CO2 management. The company benefits from its robust project delivery model supported by extensive technology, products and services offering.
Operating in 34 countries, our 15,000 people are fully committed to bringing our client’s innovative projects to life, breaking boundaries to accelerate the energy transition for a better tomorrow.
Technip Energies is listed on Euronext Paris with American depositary receipts (“ADRs”). For further information: www.technipenergies.com.
The post SYNOVA and Technip Energies announce strategic partnership in advanced plastic recycling technology appeared first on Synova Tech.
]]>