1 July 2016
DETAILS
Borealis announces today
that it has fully acquired the German plastics recyclers
mtm plastics GmbH and mtm compact GmbH.
Based in Niedergebra, Germany,
mtm plastics GmbH
is regarded as a technology leader
in the recycling of mixed post-consumer plastic waste
and as one of Europe's largest producers
of post-consumer polyolefin recyclates.
The sister companies
mtm plastics GmbH and mtm compact GmbH
will become members of the Borealis Group.
The two Managing Directors will remain in their roles
to ensure business continuity.
As an industry leader, Borealis is committed to
the principles of a circular economy and
embraces polyolefins recycling
as a strategic part of the business.
Over the last years, Borealis has been actively
advancing its recycling and sustainability efforts,
including
- Daplen™ post-consumer recycling (PCR) solutions,
innovative high-quality PCR compounds
for automotive applications. - Design for recycling efforts, such as the
"Full polyethylene (PE) laminate"
to replace non-recyclable multilayer packaging
and "Daploy™high-melt-strength (HMS)
polypropylene (PP) for improved recyclability.
For further information please contact:
Kerstin Meckler
Director Communications
Tel. +43 (0)1 22 400 389 (Vienna, Austria)
e-mail: kerstin.meckler@borealisgroup.com
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