ReCover will act as a separate company supplying Coveris sites on an arm's length basis but also supplying third party customers that are interested in recyclates on a quality level that are not available in the market today.
As part of its sustainability strategy, Coveris has already announced the ambition of reducing waste in all its forms. Expanding its recycling capacity and capabilities is just the next logical step for avoiding pollution and supporting customers in their sustainability efforts.
“With ReCover, we have launched a game-changing process – unique within the entire industry. With several high-impact projects in the pipeline, we are aiming at establishing a stand-alone Business Unit in the next couple of years, entirely dedicated to circular economy and closing the loop. ReCover is a platform for all mechanical recycling activities but also leads our developments to achieve food contact compliant materials.” comments Jakob A. Mosser, CEO Coveris.
To further strengthen and expand its recycling capabilities Coveris has recently acquired the site and assets from Capital Valley Plastics (CVP) Blaenavon in Wales, UK. CVP is a well-established PE recycler, processing post-consumer and post-industrial waste via in-house mechanical recycling extruded mostly into building films. The Blaenavon site is equipped with the latest state-of-the-art mechanical recycling technology, with an annual capacity of 20k tons.
