Materi’act Dallas formed to deliver sustainable compounds to North America carmakers
A joint venture between Forvia’s Materi’act and PCR Recycling, the Texas-based company expects to produce recycled polymers that strengthen the demand and use of sustainable materials in automotive and other industries.
Wojtek Zarzycki CEO of PCR Recycling and Rémi Daudin, president of Materi’act. Source | Forvia
Materi’act (Villeurbanne, France), a company formed from Forvia Group in 2022, to develop, source, produce and sell sustainable advanced materials, has announced that it’s setting up in North America through Materi’act Dallas, a joint venture with PCR Recycling. Mater’act Dallas will accelerate the development and delivery of recycled compounds for sustainable automotive products with up to 85% CO2 reduction by 2030.
Based in Texas, the company’s mission is to secure a local and long-term feedstock of post-consumer recycled (PCR) plastics and to produce recycled polymers to meet the growing needs of the automotive industry in North America. The newly formed company will collect feedstocks, recycle, refine, formulate and compound to supply recycled polymers meeting the stringent requirements of carmakers.
The joint venture combines the strength of each of its parent companies, PCR Recycling bringing its capacities in feedstock access and recycling, and Materi’act bringing its expertise in refining, adaptative formulations, compounding and post-processing capabilities.
The deal is expected to help spark demand in North America for use of recycled plastics in automotive and other industries. Applications include a wide range of automotive products such as instrument and door panels, center consoles and any other automotive products where plastic is commonly used. In addition, customers in various non-automotive industries are expected to benefit from the joint venture’s sustainable materials and recycling solutions.
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