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.
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