Leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, Borealis, is looking at Circular Economy as a business opportunity and therefore recognizes the increasing need for plastic recycling. Its recent acquisition of Austrian plastics recycling company Ecoplast Kunststoffrecycling is clearly in tune with its keen interest in the plastics recycling market.
Austria based Ecoplast processes around 35,000 tonnes of post-consumer plastic waste from households and industrial consumers every year, turning them into high-quality LDPE and HDPE recyclates, primarily but not exclusively for the plastic film market. The acquisition will firmly put Borealis in the European plastics recycling market.
Borealis is also making polyolefins more circular - in 2014, it provided high-end compound solutions to the automotive industry, consisting of 25% and 50% post-consumer recycled content. In addition, Borealis was also the first virgin PO producer to explore the possibilities of mechanical recycling as it acquired one of Europe's largest producers of post-consumer polyolefin recyclates - mtm plastics GmbH and mtm compact GmbH - in July 2016.
Find out more about plastics recycling trends at CMT’s RecyclePlast in a Circular Economy in Madrid on 07-08 May, 2019.