Page 26 - Plastics News July 2023
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Borealis expands circularity portfolio with purchase Rialti S. p. A.
construction.
“The addition of Rialti to our portfolio
will expand our circular offering and
strengthen our ability to serve our
customers in meeting their sustain-
ability ambitions. As such we continue
reinventing essentials for sustainable
living” says Lucrèce Foufopoulos, Bo-
realis Executive Vice President Poly-
olefins, Innovation & Technology and
Circular Economy Solutions.
ith the announcement that it is lar portfolio, allowing the company to
Wacquiring Rialti, one of Europe’s continue to meet growing customer Closing of this transaction is subject to
leading producers of mechanically demand for sustainable solutions. customary regulatory approvals.
recycled polypropylene (PP) com- It also marks the company’s commit- Borealis is headquartered in Vienna,
pounds for injection moulding and ment to the EverMinds platform - Bo- Austria. The company employs 7,600
extrusion, Borealis is once again dem- realis’ dedicated platform uniting the employees and operates in over 120
onstrating that it is serious about the wide range of Borealis activities and countries. OMV, the Austria-based in-
transition to a circular economy. initiatives aimed at making plastics ternational oil and gas company, owns
Tangible evidence of this commitment more circular. 75% of our shares, while the remain-
first came in 2016, when the company Based in the area of Varese, Italy, Rialti ing 25% is owned by Abu Dhabi
became the first raw materials pro- has been active in recycling for over National Oil Company, or ADNOC,
ducer to venture into the recycling thirty years. The company focusses based in the United Arab Emirates
arena with the acquisition of mechani- on the production of polypropylene (UAE). The company launched its
cal recycler mtm plastics. This was (PP) compounds based on mechani- EverMinds platform is 2018 as a ‘plat-
followed in 2018 with the purchase of cally recycled PP feedstock from post- form to help unlock progress’ and
Ecoplast. The present investment will industrial and post-consumer waste accelerate the transition to a circular
add 50,000 tonnes of recycled com- for applications in various industries, economy and to ‘open and expand
pounding capacity to Borealis’ circu- including automotive, appliances and minds on plastic circularity’.
Coca-Cola Europacific Partners Collaborates With Sidel To Successfully
Transition To Tethered Caps And Lighter Bottle
CCEP with the transition. Required to
implement the changes by July 2024 in
line with single-use plastic (SUP) law,
Coca-Cola Europacific Partners also
identified the opportunity to move to
a more sustainable package, working
with Sidel to move to a lighter neck
for its carbonated soft drinks (CSD)
plastic bottles.
Sidel and Coca-Cola Europacific Part-
ners share a strong historical partner-
hen Coca-Cola Europacific PET bottles to boost collection and re- ship, having collaborated for over 30
WPartners (CCEP) took the deci- cycling and prevent litter, Sidel utilised years at a global group level across
sion to introduce tethered caps for its its expertise in this field to support multiple projects in equipment, pack-
26 PLASTICS NEWS July 2023