Borealis Completes Acquisition of Integra Plastics AD, Increasing Recycling Ability – Google

The realm polyolefin producer Borealis announced it has performed acquisition of Integra Plastics AD, a Bulgarian evolved mechanical recycling firm. The acquisition is anticipated so as to add 20,000 masses of recycling capacity per yr. The acquisition turn out to be announced in November of 2023 and finalized on April 2, 2024.

Integra Plastics operates an evolved mechanical recycling plant built in 2019, with the capacity to recycle postconsumer rupture into polyeolefin recyclates for traumatic capabilities, the utilization of optical sorting abilities.

The Integra facility for recycling polyolefins. Supply: Borealis.

In line with Borealis, the acquisition will toughen the firm’s distinctiveness and spherical portfolio, enabling it to meet increasing buyer quiz for sustainable solutions.

“We are overjoyed to divulge that we continue making precise growth on our circularity budge by adding Integra Plastics AD to our portfolio,” says Craig Arnold, Borealis executive vp polyolefins, spherical financial system solutions and innovation & abilities. “This switch strengthens our capacity to bring on our evolved mechanical recycling ambition and simultaneously permits our customers to meet their sustainability targets. A correct testament to the truth that we’re reinventing essentials for sustainable living.”