Sibelco acquires Strategic Materials glass recycling community – Google
Sibelco has executed its private of Strategic Materials (SMI), one amongst North The US’s largest glass recyclers.
SMI operates 42 sites all the procedure via North The US, processing around 2 million tonnes of cullet (recycled glass) per year.
This capability adds to the three million tonnes of cullet Sibelco processes annually at its 24 recycling vegetation in Belgium, Estonia, France, Italy, Poland, and the UK.
Hilmar Rode, Sibelco CEO, acknowledged: “We’re gay to maintain executed this acquisition. No longer easiest will the combination of SMI enable us to lengthen our management in glass recycling out of doors Europe, nonetheless it will also expand Sibelco’s providing in North The US past our modern high purity quartz alternate, thereby constructing a resilient mineral platform at scale.”
SMI employs roughly 800 fat-time workers, other than short and contractor workers, at sites within the United States, Canada and Mexico.
Its merchandise are outdated all the procedure via a unfold of markets, including container glass, fibreglass insulation, reflective materials, fillers and abrasives.
Chris Dods, SMI President & CEO, acknowledged: “Sibelco understands our alternate and shares our ardour about the foremost position of glass recycling in a circular economy. The two firms’ blended expertise and sources will private a excellent market chief poised for further development.”