NEWS
Agilyx takes stake in GreenDot Global
Agilyx has entered an agreement to acquire 44% of packaging recycler GreenDot Global for €52m. Licensed across 29 coun- tries, GreenDot is a major recycling platform process- ing more than 400,000 tonnes/yr of plastic packag- ing waste.
Agilyx said the invest- ment will strengthen its presence in the European market and create a global platform for sourcing and supplying feedstock to the chemical recycling industry.
“GreenDot is the recog- nised industry leader in Europe, has tremendous momentum in the fast-de- veloping advanced recy- cling market, and is a great complement to Agilyx’s existing activities,” said Ranjeet Bhatia, CEO of Agilyx.
It has also been an- nounced that the TriPlast packaging sorting plant in Ennshafen, Austria – jointly owned by GreenDot, Altstoff Recycling Austria and Bernegger – will undergo a
€35m expansion. The new facility, to be built adjacent to the existing plant, will process up to 41,000 tonnes/yr. Since starting operations
in July 2024, the existing TriPlast facility has operated at full throughput capacity, achieving an 85% yield, said Agilyx. The plant’s through- put capacity of 100,000 tonnes/yr is sufficient to process approximately 50% of Austria’s annual volume of lightweight packaging. �
www.agilyx.com
Successful start-up for Circularix
Circularix has announced the commercial start-up of a new PET recycling facility in Ocala, Florida, US, which will complement its flagship facility in Hatfield, Pennsyl- vania. “From landing equipment
in mid-March to reaching full production by 1 August, this milestone is a testament to the dedication and expertise of our team,” said Leon Farahnik, Founder and CEO of Circularix. “Their commitment made it
possible to bring our second facility online at unprecedented speed.” Circularix has plans to
expand the Hatfield facility by taking over adjacent industrial space. �
https://circularix.com
IN BRIEF...
The Association of Plastic Recyclers (APR) and Recycled Materials Association (ReMA) have released updates to the APR Model Bale Specifica- tions and ReMA’s ISRI Specifications to serve as reference tools.
https://plasticsrecycling.org www.isrispecs.org
After years of development and a complex approval process, the Tubis Group said it is ready to launch a new pyrolysis plant in Plauen, Germany. The plant is scheduled to go into continuous operation in the third quarter of 2025.
https://tubis-group.de
New data published by the Australian government shows the total amount of plastic waste in the country has doubled since 2005 but recycling rates have not kept up, despite investments geared toward increasing capacity.
www.dcceew.gov.au
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