Renewi plc

Delivering on Renewi’s organic growth commitments - Opening of hard plastics sorting facility Acht

Renewi plc (RWI) Renewi plc: Delivering on Renewi’s organic growth commitments - Opening of hard plastics sorting facility Acht 02-Apr-2024 / 07:00 GMT/BST 2 April 2024

 

Delivering on Renewi’s organic growth commitments

Opening of hard plastics sorting facility Acht

 

Renewi plc (“Renewi”, the “Company” or, together with its subsidiaries, the “Group”) (LSE: RWI.L: Euronext Amsterdam: RWI.AS), a leading European waste-to-product company, announces the recent opening of its hard plastics sorting facility in Acht, The Netherlands. With this strategic investment, first announced during its Capital Markets Day (“CMD”) in October 2023, Renewi is delivering on its sustainable organic growth objectives.

 

Hard plastics are used in a wide variety of products, including children's toys, garden furniture, electronics, household appliances, cars and containers. The newly opened facility will allow the Company to recycle not only separately collected plastics, such as a hard plastic mix from recycling centres, but also more contaminated material from construction and demolition waste. The installation categorises plastics into as many as 18 distinct product streams, with polypropylene and polyethylene being the primary streams. By implementing advanced technology and incorporating sorting and cleaning processes, the purity rate for both types of plastic is a minimum of 95%. This advancement expands the range of high-quality products that can be manufactured using recycled materials.

 

Ongoing commitment to innovation in recycling

 

With the opening of its new facility, Renewi advances its recycling efforts, solidifying its position as a leader in the sector and reducing reliance on traditional waste disposal methods. The Acht facility showcases Renewi’s innovative approach towards future recycling processes and will help increase the Company’s recycling rate further. Renewi aims to expand partnerships with industry leaders and stakeholders, reaffirming its commitment to sustainability and helping leading the charge towards a waste-free future.