Borealis Acquires Recyclate Compounder Rialti
The transaction will enhance Borealis' portfolio of mechanically recycled polypropylene.
Borealis announced the closing of its acquisition of Rialti S.p.A., a compounder of PP recyclate based in Italy. Rialti makes PP compounds mechanically recycled from both postconsumer and postindustrial feedstocks. The company has capacity to produce 50,000 metric tons/yr (over 110 million lb/yr) of injection molding and extrusion PP compounds.
Rialti facility in Varese. Photo Credit: Rialti S.p.A.
According to Borealis, the move is expected to strengthen the company’s specialty and circular portfolios, enabling it to meet customer demand.
“Mechanical recycling is a key component of our integrated circular cascade model, which is a cornerstone of our future-positive transformation and path to net zero . The acquisition of Rialti provides a vital expansion of our recyclate-based PP compound capacity, and marks another critical step on our path to reinventing essentials for sustainable living,” says Lucrèce Foufopoulos, executive vice president of polyolefins, circularity and innovation & technology at Borealis.
Borealis is a multinational producer of polyolefins and base chemicals based in Vienna, Austria.
Related Content
-
Polyethylene Fundamentals – Part 4: Failed HDPE Case Study
Injection molders of small fuel tanks learned the hard way that a very small difference in density — 0.6% — could make a large difference in PE stress-crack resistance.
-
New Entrant Heartland Polymers Stepping up as Reliable Supplier
Heartland Polymers’ new Alberta, Canada facility will produce 525 KTA propylene and 525 KTA polypropylene. It is expected to stabilize supply chains across the continent.
-
The Fundamentals of Polyethylene – Part 1: The Basics
You would think we’d know all there is to know about a material that was commercialized 80 years ago. Not so for polyethylene. Let’s start by brushing up on the basics.