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| PM Cooperation Masterflex REMONDIS |
Masterflex SE from Gelsenkirchen, Germany and REMONDIS Recycling GmbH & Co. KG from Essen, Germany have entered into a long-term partnership: the goal is to establish a circular economy for industrial products made of engineered plastics and to implement it exemplarily in the market for hose and connection systems.
Hoses and connection systems made from high-performance plastics are used today to solve innovative applications in almost all areas of industrial and private life. Masterflex Group is the world’s leading producer, in this field. For example, when it comes to ensuring state of the art microchip production or enabling safe, compliant, and efficient food production, Masterflex’s hose systems contribute either directly or indirectly to the solution.
But what happens after using these products? Today the used hoses and connection systems are typically disposed of properly, for example, by the European market leader, the REMONDIS Group. REMONDIS is one of the world’s leading private companies for recycling, industrial and public service as well as water and makes a significant contribution to protecting the environment and conserving resources in many of its business areas. From the recovery of valuable raw materials from industrial and household waste, to the production of high quality recycled raw materials, to the conversion of non-recyclable residues into fuels. The company has been active in plastics recycling for more than 50 years and recognized its importance early on. Ultimately, it is not just about preventing waste, but it is also about conserving valuable resources. By making recovered plastics available to the industry, REMONDIS can significantly reduce the consumption of oil as a primary raw material.
"The AMPIUS® asset management system created by Masterflex SE already maps the Group's hoses and connection solutions, their lifecycles as digital twins, and can make this data available at any time. Until now, however, the necessary players in the cycle chain were missing to make this a standard offering for the market, i.e. for our customers," says Dr. Andreas Bastin, CEO of Masterflex SE.
Jürgen F. Ephan, the managing director of REMONDIS Recycling, is looking forward to the future partnership: "We are pleased to be able to support this project, not only with our internal and external logistics, but above all, with our high level of expertise in all matters relating to the optimal sorting and processing of plastics. Together, we are on our way to closing another useful loop, by conserving natural resources and reducing CO2 emissions."
REMONDIS will close the missing links in the chain for a geniune circular economy by managing the take-back and material processing together with Masterflex and on the basis of the AMPIUS® data. In this way, the overall functionality of the desired recycling management system and the concrete customer benefits will be jointly designed. In the long term, new business models will be developed based on the concept of a circular economy, that are ecologically and economically attractive for customers and partners. The project is also being supported by REMONDIS Digital Services GmbH, the innovation hub founded by REMONDIS.
