Page 48 - Plastics News January 2022
P. 48

BUSINESS NEwS





          Borealis And Reclay Group Establish A Unique                            Comar Acquires Omega

          Strategic Partnership                                                   Packaging


                                                                                    p ecia lty
                                                                                 Spackaging
                                                                                 solut ions
                                                                                 supplier Comar
                                                                                 has  acquired
                                                                                 injection and
                                                                                 blow moulded
                                                                                 produc t s
                                                                                 manufacturer
                                                                                 Ome g a
                                                                                 Packaging.  Headquartered  in  the
                                                                                 US, Omega Packaging manufactures
                                                                                 stock plastic jars and caps for various
                                                                                 markets including pharmaceutical,
                                                                                 nutraceutical, sports nutrition, and
             orealis, one of the world’s leading  which recycled plastics can be used. This   skin care.The company specialises in
          Bproviders of advanced and circular  in turn enables value chain partners,   moulding continuous thread (CT) and
          polyolefin solutions and a European  customers, and brand owners to meet   child-resistant (CR) closures as well
          market leader in base chemicals and  recycling quotas and increase the volume   as single, thick and double wall jars.It
          fertilizers, and the Reclay Group,  of  plastic recyclate used in products   supplies products for customers across
          international experts in environmental  and applications.“The reliable supply of   the globe from its Safe Quality Food
          and material recovery management,  high-quality recyclate is a prerequisite   (SQF) certified facility in La Mirada.
          announce that they have joined forces  for a functioning circular economy,”   Comar CEO Mike Ruggieri said: “We
          to satisfy increasing market demand for  explains Lucrèce Foufopoulos, Borealis   are thrilled to welcome the Omega
          the supply of recyclate material for use in  Executive Vice President Polyolefins,   team to the Comar family. Omega
          high-end plastic applications. This unique  Innovation & Technology and Circular   Packaging has a distinct reputation
          partnership will optimise the recycling  Economy Solutions. “Working together   for customer responsiveness and
          value chain starting with Germany, one of  with  the  Reclay  Group  is  a  strategic   creative problem solving that aligns
          the largest European recycling markets.  step towards value chain integration in   exceptionally well with Comar’s
          The partnership further accelerates  securing plastic waste feedstock and   mission to bring transformative
          the transition to plastics circularity by  improving recyclability. This will enable   packaging and medical solutions
          enabling customers and other value chain  our customers and partners to achieve   to market. The addition of Omega
          partners to meet their own sustainability  their circularity goals and reduce their   Packaging capabilities will enhance
          targets.New partnership capitalises on  overall carbon footprint, and at the same   Comar’s strategy to provide end-to-
          strengths of downstream and upstream  time underpins our Borealis journey   end custom manufacturing capabilities
          recycling expertise. The new agreement  towards more sustainable living.” "We are   to healthcare customers.In addition,
          provides Borealis with access to a secure  proud to be working in partnership with   it will expand products offerings by
          and steady supply of feedstock in the  an innovative and globally recognised   adding complementary closure and
          form of lightweight packaging (LWP)  company in the chemical industry   jar products and other precision
          waste collected by Reclay’s Extended  moving into the future," says Raffael A.   mould-making knowledge. Following
          Producer Responsibility (EPR) scheme  Fruscio, Owner and Managing Director   the deal, the merged company will
          in Germany. The plastic packaging  of  the Reclay Group. "Borealis has   have 11 manufacturing facilities with
          waste is then processed at Borealis’ own  state-of-the-art processes in the field of   more than 1100 employees in the US.
          state-of-the-art recycling plants, thus  advanced recycling; we’ll jointly be setting   The companies did not disclose the
          extending the range of applications for  a new standard in plastic recycling."  deal value.




                                            48  PLASTICS NEWS  JANUARY 2022
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