Dutch family business Morssinkhof-Rymoplast is building a plastics recycling facility in Leipzig, Germany.
The site will be located in a car factory previously owned by Fehrer Automotive. It will be completely transformed to boast a capacity of roughly 40 000 tonnes per year.
A large-scale expansion is necessary to cater to the growing demand for polyethelyne (PET), says company ceo Stefan Morssinkhof. Currently, Morssinkhof-Rymoplast producers approximately 300 000 tonnes of recyclate every year.
Big commercial push
Ikea acquired a minority 15% stake in the company for US$ 1 billion in 2017 to launch a line of kitchen fronts made from recycled plastic.
Other leading brands, such as Unilever, are gradually embracing recycled content products too. The firm wants to manufacture bottles containing at least 25% recycled PET by 2025. This is a step towards the EU’s mandatory 2030 target calling for all plastic bottles to contain 30% recycled content.
PET recycling stats
It’s worth nothing that over 2 million tonnes of PET processed across Europe annually. This volume can be recycled into 1.4 million tonnes of recyclate, according to trade group Plastics Recyclers Europe. Besides, up to 200 000 tonnes of PET installed capacity ‘remain unexploited’.
France, Germany, Spain, Italy and UK together generate almost the majority (70%) of all plastic packaging waste in Europe. At the same time, they represent 65% of PET recycling capacity. Germany is number 1 in the top 3 with 27%, followed by France (15%), and Italy (14%).
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