Polystyrene offers a unique potential for not only closed loop recycling, but also a lower carbon footprint and extended lifecycle due to its simplicity and ease to fully recycle giving polystyrene a major competitive advantage vs all alternatives. Industrial volumes will come online by the third quarter 2022." Dinis Mota, CEO of Coexpan, said, "We are very pleased to have established this collaboration with Trinseo, which will allow us to demonstrate the viability of mechanical and chemical recycling processes for polystyrene, a polymer with excellent properties in terms of efficiency and circularity in the food packaging market category. As a global leader in FFS and thermoforming packaging solutions, working with Trinseo in this regard reinforces our joint sustainability actions. "Coexpan is very excited about this collaboration. Having seen the crucial role plastic packaging has played this year in terms of food safety and hygiene, we view recycling and circularity as even more crucial.