Recycling tech supplier hopeful despite market challenges

Recycling tech supplier hopeful despite market challenges featured image
Photo: Erema

Despite a 13% drop in sales, Austria-based Erema Group says it remains resilient in the face of global economic and geopolitical uncertainty. The plastics recycling technology specialist claims it is leveraging its ‘strong’ market position and solutions to maintain stability while preparing for long-term growth.

‘We are convinced that the demand for recycling technologies will keep increasing in the coming years,’ says company ceo Manfred Hackl. ‘The framework conditions remain challenging but the usage of plastic will continue to increase. The only way to meet this demand responsibly is with reliable recycling.’

Hackl sees growing demand for high-quality products made from recycled pellets, as the industry acknowledges the importance of more recycled content in new products.

Asia, North America up

While plastics recyclers across Europe struggle to survive, Erema is reporting growth in North America and Asia. The company underlines the importance of aligning environmental goals with industrial competitiveness through initiatives such as the Clean Industrial Deal and Extended Producer Responsibility (EPR). Legal mandates for recycled content are also seen as key to creating a stable investment environment.

Serving the Salvation Army 

Erema has been expanding into emerging sectors such as chemical and textile recycling. The group has launched its first large-scale chemical recycling extruders and pilot projects in fibre-to-fibre recycling are underway. Pure Loop, a subsidiary, installed a textile recycling machine for the Salvation Army, a project that won a Plastics Industry Award.

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