Olin Corporation (NYSE: OLN), a leading global Epoxy customer solution provider, has been named co-winner of the 2024 Global Innovation Award by JEC Composites in the Renewable Energies category as part of the Circular Economy for Thermoset Epoxy Composites (CETEC) project. Olin partnered with Vestas Wind Systems A/S, Aarhus University, Danish Technological Institute, and Stena Recycling on this project.
Verghese Thomas, Vice President, Epoxy Systems and Chief Sustainability Officer at Olin, said: "We are honored to receive the 2024 Innovation Award from JEC Composites for this novel sustainability solution which enables the recycling of materials from wind blades."
The awarded solution employs a novel chemical process that breaks down epoxy resin into virgin-grade materials, establishing a circular economy for wind blades — ensuring today's blades serve as raw materials for future blades. Olin will now focus on scaling up this proprietary chemical process into a commercial solution. Once mature, this innovation offers the potential to make all epoxy-based composite material a source of raw material for a broader circular economy.
Olin, as the global expert on Epoxy within CETEC, is proud to be the only manufacturer of epoxy resin to achieve this unprecedented proprietary innovation. The CETEC project was established as a cooperation between industry and academia and completely funded by the partners and Innovation Fund Denmark.
Source: Olin Corporation
