Borealis and Ecoplast celebrated the successful conclusion of a strategic investment at their plastics recycling location in Wildon, Styria/Austria. The company opened a new and highly advanced plastics recycling plant in Austria.
In August 2018 Borealis acquired Ecoplast Kunststoff recycling GmbH in addition to MTM Plastics and MTM Compact, one of the largest European producers of post-consumer polyolefin recyclates in Germany.
Ecoplast processes plastic waste from both domestic and industrial consumers into top quality recyclate and now its existing production capacity has been boosted with an ultramodern polyethylene (PE) film recycling line.
The new plant improves operational procedures and raises markedly the output of recycled material. It also represents a move that enables Borealis to further consolidate its presence in the plastics recycling field, especially in its home country of Austria.
As Lucrèce Foufopoulos-De Ridder, the Borealis executive vice-president polyolefins and innovation & technology, explained, “Borealis sees the drive towards a circular economy as a top priority. The investment at the Ecoplast location is a key step to attain our circular economy solution targets and brings us a step closer to our objective to quadrupling our recycling pro-duction by 2025.”