©Alpla
Alpla Group has announced that it will invest an average of up to €50 million a year between now and 2025 in expanding its recycling activities.
The new sum marks a significant increase on an investment target set by Alpla in 2018, when the Austrian packaging manufacturer signed the New Plastics Economy Global Commitment.
At that time, the company committed to spending a total of €50 million on expanding its recycling activities up to 2025.
Following this new announcement, Alpla plans to focus in particular on globalising its activities in the area of high-quality recyclates.
“We have been very active in the past two years. We succeeded in initiating bottle-to-bottle projects around the world, including in Asia, Europe and Central America,” said Georg Lässer, head of corporate recycling at Alpla.
“We nevertheless continue to see increasing demand on the part of our customers all over the world. This sustained demand gives Alpla the opportunity to kick-start further investment projects.”
Günther Lehner, chairman of the Alpla advisory board, said that the company will focus on high-quality application areas in new regions.
“Our aim is to establish a bottle-to-bottle cycle – including in regions in which the recycling of waste does not currently play a large part,” said Lehner.
Alpla is currently building a plant in Mexico for high-density polyethylene (HDPE) recycling.
Other projects underway include the installation of an extrusion system for recycled PET at Alpla’s Anagni site in Italy.
Overall, the annual capacity of Alpla recycling companies, joint ventures and partnerships reportedly amounts to approximately 130,000 tonnes of PET and 60,000 tonnes of PE.
© FoodBev Media Ltd 2024