Borealis Completes Acquisition of Integra Plastics AD, Expanding Recycling Capacity

The international polyolefin producer Borealis announced it has completed acquisition of Integra Plastics AD, a Bulgarian advanced mechanical recycling company. The acquisition is expected to add 20,000 tons of recycling capacity per year. The acquisition was announced in November of 2023 and finalized on April 2, 2024.

Integra Plastics operates an advanced mechanical recycling plant built in 2019, with the ability to recycle postconsumer waste into polyeolefin recyclates for demanding applications, using optical sorting technology. 

According to Borealis, the acquisition will strengthen the company’s specialty and circular portfolio, enabling it to meet growing customer demand for sustainable solutions.

“We are thrilled to announce that we continue making steady progress on our circularity journey by adding Integra Plastics AD to our portfolio,” says Craig Arnold, Borealis executive vice president polyolefins, circular economy solutions and innovation & technology. “This move strengthens our ability to deliver on our advanced mechanical recycling ambition and simultaneously enables our customers to meet their sustainability targets. A true testament to the fact that we are reinventing essentials for sustainable living.”