Avient and Oceanworks Collaborate to Expand the Use of Recycled Ocean Plastics
Oceanworks, Avient | June 16, 2021
Avient Corporation, a leading provider of specialized and sustainable material solutions and services, has announced a partnership with Oceanworks to assist clients in incorporating recycled ocean plastics into their products. Recycled ocean and ocean-bound plastics are collected within 50 kilometers of a coastline from the ocean, waterways, and ocean-bound collection zones.
Avient and Oceanworks are now working on an extended recycled ocean plastics portfolio after the 2020 launch of reSound R recycled content thermoplastic elastomers (TPEs) made with Oceanworks recycled plastics.
The resulting custom-formulated materials, including TPEs and thermoplastics, will be based on Oceanworks Guaranteed* base resins. Oceanworks will also provide source certification so that companies can confidently and transparently communicate the story of these materials and their impact.
The Alliance to End Plastic Waste introduced Avient and Oceanworks (AEPW). Avient joined AEPW as a founding member in 2019. Oceanworks was chosen in 2020 as a game-changing venture to be incubated under AEPW's Innovation program in collaboration with early-stage startup accelerator Plug and Play.
Avient's solutions, including recycled ocean plastics from Oceanworks, are available globally and can be used in a wide range of TPE and engineered thermoplastic formulations.
About Oceanworks
Oceanworks is a digital marketplace that connects local recycled plastic supply with worldwide demand to keep plastic out of the ocean. The marketplace provides hundreds of ocean and avoiding plastic resins, textiles, and products from reputable vendors worldwide. Customers may buy with confidence because of Oceanworks' quality standards, and the global network's capacity offers security at scale. Customers, brands, and suppliers that utilize the Oceanworks Guarantee become part of a broader solution - a circular economy to eliminate end ocean plastic.
About Avient
Avient Corporation provides specialized and sustainable material solutions that convert client difficulties into opportunities, bringing new products to life for a better society. Revenues are anticipated to reach $4.3 billion in 2021.