The waste will be recycled into new products for the sports, energy, mobility and electronics markets.
Gabriel Molina, sustainable development director at Syensqo Composite Materials, said: “This new collaboration contract adds to our other recycling agreements worldwide and is integral to our comprehensive strategy to advance on composite materials’ circularity.
“We see in Fairmat a mature partner that offers a reliable and sustainable business model. We look forward to seeing where this new partnership takes us.”
“We are proud to partner with Syensqo and help them achieve a sustainable outcome for their UK waste,” said Benjamin Saada, founder and CEO of Fairmat. “Thanks to our proprietary and proven technology we will extract precious value out of their materials to create new engineered materials for high performance applications.”
Syensqo said it’s ambition is to supply critical lightweight materials that advance sustainable mobility, develop bio-based and mass-balanced alternatives to traditional resin systems and champion circularity.
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