Borealis Completes Acquisition of Integra Plastics AD, Expanding Recycling Capacity
Integra plastics uses optical sorting to capture value in postconsumer waste polyolefins.
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.
The Integra facility for recycling polyolefins. Source: Borealis.
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.”
Related Content
-
‘Monomaterial’ Trend in Packaging and Beyond Will Only Thrive
In terms of sustainability measures, monomaterial structures are already making good headway and will evolve even further.
-
Automotive Awards Highlight ‘Firsts,’ Emerging Technologies
Annual SPE event recognizes sustainability as a major theme.
-
NPE2024 Materials: Spotlight on Sustainability with Performance
Across the show, sustainability ruled in new materials technology, from polyolefins and engineering resins to biobased materials.
