Itelyum and Plasta Rei are building an advanced chemical recycling plant in Cisterna di Latina to recycle PET waste derived primarily from food packaging, with the aim of converting it into 100% recycled PET granules. The product’s quality is comparable to the that of virgin PET, and thus stands out for its ability to be recycled countless times without the degrading observed in mechanical recycling. Plasta Rei's innovative technology is thus expected to increase the recycled PET used in the food packaging industry, favouring a sustainable bottle-to-bottle process.
The chemical recycling process developed by Plasta Rei allows for the recovery of more than 95% of PET waste, thereby resulting in significantly fewer CO2 emissions vs. those associated with non-recycled PET. This initiative not only reflects Itelyum's commitment to environmental sustainability and corporate social responsibility (ESG), but is also expected to generate attractive economic returns on investment.
Itelyum - a portfolio company of Stirling Square Capital Partners LLP and Deutsche Beteiligungs AG, will allow Plasta Rei to benefit from synergies by leveraging on the group’s know-how in chemical processes, both operationally and in R&D, creating the foundation for the growth of a new business line.
