Essentra Components to Supply 2.5 million Recyclable Parts in an Effort to Reduce Landfill
Essentra Components to Supply 2.5 million Recyclable Parts in an Effort to Reduce Landfill
(May, 2022) Essentra Components has agreed a new sustainable supply deal with the UK’s leading rigid tube manufacturer, Iracroft, to save 2.5 million parts going to landfill by using LDPE products that can be chipped and recycled for reuse in future production.
The program is spearheaded by Iracroft’s largest UK customer and requires all components to be packaged and protected with more sustainable parts that can be recycled and re-enter the supply chain to reduce wastage.
To overcome the challenge Essentra Components has agreed to supply Iracroft with up to 2.5 million LPDE tear caps offering the same level of product protection whilst being easily recyclable, enabling Iracroft to maintain the structural integrity of its original parts.
Iracroft and its customer, will in turn recycle all parts supplied through a circular chipping process, meaning all plastic will return into the manufacturing process as new products.
Richard Sederman, Strategy and M&A Director at Essentra Components, said the program represented a significant step towards carbon neutral production: “This program will act as a crucial use case for circular manufacturing processes. Utilizing recycled content within our products is a great step forward and saves several tons of carbon emissions, but the true measure of success will be seeing products you originally manufactured with one purpose, return to a customer as something entirely different.
“Iracroft have been leading the charge in ensuring the supply chain makes significant moves towards net-zero, and we’re proud to have worked alongside them to offer a solution.”
The off-the-shelf solution adopted by Iracroft has also allowed its customers to save time in processing products due to its tear-off design, as well as taking advantage of shorter lead times thanks to quicker fitting and delivery times.
Iracroft’s Company Secretary and Director, Alan Webb, said of the new solutions: “Essentra Components jumped into action with advice on how we could achieve sustainability, and provided samples and other resources. The fact that the solution was off-the-shelf proved invaluable in enabling us to work with the minimum of disruption. This could be a real game-changer for our customers and our own business.”
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Notes to Editors
About Essentra Components
Essentra Components, part of Essentra Plc, is a market-leading global manufacturer and distributor of essential industrial components. Established in 1955, the business operates in 29 countries worldwide, with 14 manufacturing facilities, 34 distribution centers and 40 sales and service locations. Its wide range of 45,000 products serves more than 82,000 customers across a variety of applications in industries including equipment manufacturing, industrial electronics, fabrication, automotive and construction. For further information, please visit, www.essentracomponents.com.
About Essentra Plc
Essentra Plc is a FTSE 250 company and a leading global provider of essential components and solutions. Organized into three global divisions, Essentra focuses on the light manufacture and distribution of high volume, enabling components which serve customers in a wide variety of end-markets and geographies. Headquartered in the United Kingdom, Essentra's global network extends to 34 countries and includes 7,065 employees, 50 principal manufacturing facilities, 32 sales & distribution operations and 3 research & development centers. For further information, please visit www.essentraplc.com.