The unique partnership will optimise the recycling value chain starting with Germany, one of the largest European recycling markets. The partnership further accelerates the transition to plastics circularity by enabling customers and other value chain partners to meet their own sustainability targets, Borealis said in a press release.
The new agreement provides Borealis with access to a secure and steady supply of feedstock in the form of lightweight packaging (LWP) waste collected by Reclay’s Extended Producer Responsibility (EPR) scheme in Germany. The plastic packaging waste is then processed at Borealis’ own state-of-the-art recycling plants, thus extending the range of applications for which recycled plastics can be used. This in turn enables value chain partners, customers, and brand owners to meet recycling quotas and increase the volume of plastic recyclate used in products and applications.
“The reliable supply of high-quality recyclate is a prerequisite for a functioning circular economy. Working together with the Reclay is a strategic step towards value chain integration in securing plastic waste feedstock and improving recyclability. This will enable our customers and partners to achieve their circularity goals and reduce their overall carbon footprint, and at the same time underpins our Borealis journey towards more sustainable living,” Lucrèce Foufopoulos, Borealis executive vice president polyolefins, innovation and technology and circular economy solutions, said in a statement.
“We are proud to be working in partnership with an innovative and globally recognised company in the chemical industry moving into the future. Borealis has state-of-the-art processes in the field of advanced recycling; we’ll jointly be setting a new standard in plastic recycling,” Raffael A. Fruscio, owner and managing director of the Reclay, said.
Fibre2Fashion News Desk (GK)