Borealis to acquire Integra Plastics AD to strengthen advanced mechanical recycling portfolio
Borealis announced its signing of agreement to acquire 100% Integra Plastics AD, an advanced mechanical recycling player based in Bulgaria. The closing of transaction is subject to customary regulatory approvals.
Aerial view of Integra Plastics AD.
By adding more than 20,000 tons of recycling capacity, this investment will strengthen Borealis’ advanced mechanical recycling portfolio and its EverMinds commitment to accelerate the transition to a circular economy.
Based in Elin Pelin, Bulgaria, Integra Plastics AD operates a modern advanced mechanical recycling plant with state-of-the-art equipment built in 2019. The company transforms post-consumer waste into high quality polyolefin recyclates suitable for demanding applications.
“The addition of Integra Plastics AD will strengthen our ability to deliver on our advanced mechanical recycling ambition and enable our customers to meet their sustainability targets,” said Lucrèce Foufopoulos, Borealis Executive Vice President Polyolefins, Circular Economy Solutions and Innovation & Technology.
