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Borealis, Reclay Group partners to from new join entity, Recelerate

YarnsandFibers News Bureau 2022-05-13 08:33:53 – Austria

Recelerate GmbH is a joint venture between Borealis, one of the world's leading manufacturers of sophisticated and circular polyolefin solutions and a European market leader in base chemicals and fertilizers, and the Reclay Group, international leaders in environmental and material recovery management. The new organization's objective is to reinvent the crucial phases of the plastics sorting and recycling system for LWP in order to accelerate circularity, as a result of growing market demand for high-quality recyclates for use in high-end plastic applications.

Recelerate will serve as a vital connection in the plastic value chain, bringing together downstream and upstream knowledge to reimagine how LWP trash is handled, sorted, processed, and recycled. Reclay Group's strength in extended producer responsibility programs (EPR) and Borealis' focus on the expansion of a more circular plastic model, aided in part by its patented recycling technology BorcycleTM, will propel the new organization.

This combination will allow a macro-view approach to finding opportunities to add value and invest where it matters, ensuring that more and more plastic waste from LWP remains inside the value chain.

Recelerate will help Reclay expand the scope, size, and effect of EPR; it will open up the supply of post-consumer plastic waste to be recycled with its Borcycle recycling technology, and it will mean increased access to high quality recycled materials for clients and consumers. Recelerate will bring together essential players in the plastic value chain, bridging the gap and accelerating the growth and scaling of circular plastics.

Lucrèce Foufopoulos, Borealis Executive Vice President Polyolefins, Innovation & Technology and Circular Economy Solutions., said that in keeping with their comprehensive approach to more circular plastics, Recelerate will enable substantial advances in waste feedstock optimization. They’re committed to redesigning the plastics system with their partners for more sustainable living.

Raffael A. Fruscio, Owner and Managing Director of the Reclay Group, said that they're pleased to embark on Recelerate's path to achieve higher plastic circularity by rethinking and redefining sorting and recycling. This is an ideal time to capitalize on current capabilities and gain traction in developing smart, effective, and long-term models that will benefit an increasing number of enterprises, regions, and communities. They will work together to keep precious materials in the cycle.

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