SKYTECH and SNETOR announce the signing of a distribution contract for recycled ABS and PS*

 Le Val d’Hazey, 7th March, 2024 – SKYTECH, a French green technology company specializing in the production of high-quality recycled engineering resins (ABS, PS, PP) for industrial customers and plastics manufacturers, and the Snetor Group, a major player in the worldwide distribution of plastic raw materials and chemical products, have announced the signing of a distribution contract for recycled ABS and PS.

 

Snetor has been active in the plastic raw materials distribution market (polyethylene, polyethylene terephthalate, polypropylene, expanded polystyrene, etc.) and chemicals for over 40 years in Europe, Africa & the Middle East, Latin America. The group operates in more than 100 countries with a diverse customer base of converters (injectors, extruders, film manufacturers, etc.) and local distributors. Since 2019, Snetor has been working towards a transition to a circular economy by creating the Snetor Green brand and is thus embarking on an ambitious Corporate Social Responsibility (CSR) approach.

Over the last few years, Skytech has established itself as a major player in the recycling of high-quality ABS, PS and PP resins, with technical performances identical to those of virgin resins. Its new production site at Val d’Hazey will have a production capacity of up to 40,000 tons to meet the growing needs of its customers. In 2022, the Snetor Group and Skytech have progressively established a commercial partnership for the supply of recycled ABS and PS. The signing of this contract confirms the mutual trust and cooperation between the two companies, which are betting on an increasing demand for recycled plastics worldwide by 2024.

Frédéric Delaval, Managing Director of Skytech, said: “We are delighted to have signed this partnership with Snetor, which is a mark of confidence in the quality of our recycled ABS and PS resins and in the expertise of our teams in the regeneration and formulation of post-consumer polymers. This new step strengthens our partnership with Snetor and reflects their desire to intensify the distribution of Skytech’s recycled ABS and PS products.”

Fabrice Guillermain, Deputy General Manager at Snetor, said: ”We are very pleased to sign this new contract, which seals an important commercial partnership for us. Skytech’s products are of unrivalled quality in the recycled ABS/PS market, and we are anticipating a significant increase in demand from manufacturers who want to incorporate more recycled materials into their products in order to decarbonize their production processes. We thank the Skytech teams for enabling us to meet their needs.”

 

* ABS: acrylonitrile butadiene styrene, PS: polystyrene, PP: polypropylene

 

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About SKYTECH

A company active in the intelligent and sustainable circular economy, SKYTECH produces premium recycled materials from complex plastic waste for industrial applications. After many years of R&D carried out with support from ADEME, SKYTECH has developed a proprietary, innovative sorting platform enabling the separation of post-consumer polymers at a purity rate greater than 99% as well as their granulation. SKYTECH offers a concrete answer to the challenge facing the plastics industry, namely, how to evolve their product to serve eco-design as well as to address a major environmental issue at the heart of society’s concerns. As a company, SKYTECH also strives to limit its own environmental impact with a production line delivering first class energy performance. SKYTECH has been supported since its founding by Xerys Invest.

For more information, www.SKYTECHslp.com; LinkedIn @SKYTECH SLP

 

A propos de SNETOR

The Snetor Group, founded in 1981, is a major player in the distribution of plastics and chemical products worldwide. Its innovative, efficient, and committed strategy has elevated it to a leadership position in Europe, Africa & the Middle East, and Latin America. The Group is now one of the most influential plastics distributors in these markets.

With more than 450 employees, the group has consolidated sales of almost 2 billion euros in 2023.

For more informations, www.snetor.com ; LinkedIn : www.linkedin.com/company/snetor

 

Contacts presse

Skytech – PR agency Conviction[S]
Edouard de La Loyère – +33 6 76 47 14 44 – edelaloyere@convictions.fr

Snetor Group
Séverine Defont – +33 1 49 04 43 01 – s.defont@snetor.com