NEWS
Circularix JV to build US rPET
facilities HPC Industries and Macquarie Group’s Commodities and Global Markets group have formed a joint venture to recycle PET in the US. Under the name Circu- larix, the JV’s plans include building and operating five recycling facilities across the US with a total annual production capacity of more than 275m lb. The first facility, located
in Hatfield, PA, is expected to be operational by December 2022. Leon Farahnik has been named chairman and CEO while Alex Delnik, former CEO and founder of Verdeco Recycling, will serve as President and COO. Ben Glover at Macquar-
ie, said: “Ventures such as Circularix are a key part of the supply chain that will drive more post-consumer material back into higher value recycled packaging markets.” �
https://circularix.com
Hillenbrand to acquire Herbold Meckesheim
US-based Hillenbrand has entered into a definitive agreement to acquire Herbold Meckesheim for approximately €79m. The transaction is expected to close during the fiscal fourth
quarter of 2022. Based in Meckesheim,
Germany, Herbold produces a wide range of recycling systems, specialising in key process steps such as washing, separating, drying,
shredding, and pulverising. With annual revenue of more than €50m, Herbold will accelerate Hillenbrand’s growth in the recycling end market.
At the completion of this
transaction, Herbold will join the Coperion and Rotex brands as part of Hillen- brand’s Advanced Process Solutions (APS) segment. Kim Ryan, President and
IMAGE: HERBOLD MECKESHEIM
Above: Herbold Meckesheim said after IFAT 2022 in Munich that there is high demand for its film and PET washing systems. Hot washing for polyolefins was one of the company’s product innovations presented at the fair
CEO of Hillenbrand, said: “Herbold expands our position in the recycling end market, which has attractive, long-term growth prospects due to macro demand drivers for durable plastics and the desire for more sustainable solutions.” �
www.hillenbrand.com �
www.herbold.com
Ravago acquires UK PO recyclers
Belgian company Ravago has announced the acquisi- tion of PCR polyolefins recycler Aurora Manufactur- ing and Venture Polymers in the UK. The acquired companies
produce rPP and rHDPE compounds at their site in Leigh, Greater Manchester, with a current production capacity of 20,000 tpa. The acquisition will extend Ravago’s Ravapura product
RecyClass publishes design book
RecyClass says its new Design Book is a practical guide clarifying the concepts of recyclability and design based on a science- driven approach, providing step-by-step explanation and guidance on how to produce rigid and flexible plastic packaging to make it more compatible with recycling. Beyond providing valuable insights into how the Design for Recycling Guidelines work, the document also looks into the realities of
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sorting and recycling processes and how they determine packaging recyclability. Paolo Glerean, RecyClass Chairman, said: “Design for Recycling is a crucial, first step in ensuring that a product will be recyclable at the end of its use phase.” The book offers insights into how plastic packaging and its different components influence compatibility with recycling, he said. �
https://recyclass.eu
PLASTICS RECYCLING WORLD | July/August 2022
www.plasticsrecyclingworld.com
portfolio, increasing opportunities to use PCR-based compounds in a variety of markets and applications, and furthering its operations in the UK. �
www.ravago.com
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