NEWS
Ikea parent says it will invest €1bn in recycling projects
Ingka Investments, the investment arm of Ingka Group, the largest Ikea retailer, says it plans to invest €1bn in compa- nies that are increasing recycling infrastructure. Since establishing Circular Investments in 2017, Ingka Group estimates that its portfolio companies have recycled around 2.7m tonnes of materials and avoided over 9.4m tonnes of CO2 emissions. Examples of companies in its
portfolio include: mattress recycler RetourMatras, which produces Repoliol for foam products used in 31 Ikea product lines; and Morssinkhof Rymoplast, which has doubled its capacity to 515,000 tonnes/yr and now has 11 facilities across Europe. Another beneficiary is Next Generation Group (NGG), a collective of companies in the recycling technology field.
“Through investments, we are
committed to doing our part to ensure that valuable materials are recycled and reused in the production of new products,” said Peter van der Poel, Managing Director, Ingka Investments. “What would help us go further is if legislation was stronger at prioritising recycling over incineration and landfill- ing, for example by ensuring that EPR schemes were resulting in higher recycling rates. We also welcome eco-design regulations to encourage the demand for these recycled materi- als and we are actively collaborating with relevant authorities and other stakeholders to address these issues.” �
www.ingka.com �
www.retourmatras.nl �
https://morssinkhof-rymoplast.com �
https://next-generation-group.com
Circularix’s second rPET plant
Food-grade recycled PET producer Circularix has announced its second production facility, located in Ocala, Florida, US, is to begin operations by the end of Q1 2025, marking a significant milestone in the company’s expansion plans. The new location mirrors
Circularix’s existing Pennsyl- vania facility which has been
operational since early 2023. Circularix’s broader strategy involves establishing a network of recycling facilities across the country, with future locations planned for Texas and West Coast states. Jason Farahnik, Co-
Founder and EVP, said: “We also plan to double capacity at our Pennsylvania facility later this year, bringing our
total production to 165 million pounds, tripling our current output.” Circularix said the opening comes at a critical time as beverage brands and consumer packaged goods companies work hard to increase recycled content in their packaging to meet targets. �
www.circularix.com
PolyAl plant set for Netherlands
Tetra Pak and Yellow Dreams, a prominent player in the dairy industry, are jointly investing €3m in a new recycling plant in Ittervoort, the Netherlands, to handle polyAl from beverage cartons.
www.plasticsrecyclingworld.com
The facility is set to open in the second half of 2025. With a capacity of 20,000 tonnes/yr, it will comple- ment the existing 8,000- tonnes/yr capacity at Recon Polymers’ facility in Roosendaal, Holland,
significantly increasing the region’s recycling capacity. Bas Gehlen, Managing
Director at Yellow Dreams, said the project showcases the potential of polyAl recycling. �
www.tetrapak.com
IN BRIEF...
Aduro has announced the successful completion of the basic engineering design phase for its Hydrochemolytic Technol- ogy (HCT) Next Generation Process (NGP) pilot plant at its HQ in London, Ontario, Canada. The project has now entered the detailed design phase.
www.adurocleantech.com
Plastic-to-feedstock company Cyclyx has announced the appoint- ment of Chris Yandell as CEO, effective 1 January 2025, to replace outgoing CEO Joe Vaillancourt who will continue to serve as a board advisor throughout 2025.
https://10to90.com/cyclyx
January/February 2025 | PLASTICS RECYCLING WORLD 5
IMAGE: IKEA
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