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Dutch plastics recycler to become ‘cornerstone’ for Veolia

The Netherlands – French recycling and waste management giant Veolia Environnement SA is to take over Dutch plastics recycling company AKG Kunststof.

Based in Vroomshoop in the east of the Netherlands, AKG Kunststof handles 37 000 tonnes of recycled plastics per year worth Euro 34 million in sales terms. Although the figure is dwarfed by Veolia’s Euro 28 billion in annual sales and 180 000 employees around the globe, the buyer regards AKG Kunststof as a company that will become a centre of expertise for polypropylene recycling, compounding and manufacturing.

Veolia’s ceo Antoine Frerot comments: ‘The Vroomshoop facility will be the cornerstone for the expansion of Veolia’s European platform of recycled raw plastic materials manufacturing. This operation is the next natural step for Veolia in its strategic transformation and development. Our growth in new, thriving markets and our ability to provide solutions for the recovery and production of raw recycled materials have demonstrated the group’s ability to turn waste into resources.’

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