Austria-based chemical company Borealis has bought a 100pc stake in Bulgarian mechanical recycling firm Integra Plastics, which operates a 20,000 t/yr capacity plant in Elin Pelin, Bulgaria.
Integra Plastics produces polyolefin recyclates from post-consumer waste. The deal was first announced in November. Borealis has acquired a number of European mechanical recyclers in recent years including MTM plastics and Ecoplast, which have a combined a capacity of 120,000 t/yr.
Mechanically recycled products from Borealis, which come under the Borcycle-M brand, were recently granted approval by the US Food and Drug Administration (FDA) to be used in food packaging.
