In response to burgeoning growth in the film recycling sector, Dutch recycling group Morssinkhof-Rymoplast is further expanding its current operations in Germany.
The company is constructing a new plant with an annual low density polyethylene recycling capacity of 30,000 metric tons at the industrial estate in Grosslehna, Markranstädt, nearby its existing plant at the site, bringing the group's total recycled LDPE capacity to more than 100,000 tonnes per year.
The plant is strategically located in the Eastern part of Germany, enabling the Group to better serve its German and Eastern European customers and further anchoring its presence into the German market.
“As a European leader in plastic recycling, Morssinkhof-Rymoplast services a wide range of businesses. And the demand for plastic recycling continues to grow exponentially. This strategic investment enables us to grow along with our customers,” said Rolf Morssinkhof, co-owner of the Rymoplast group.
“The proximity of the existing Morssinkhof-Rymoplast plant provides strong synergy benefits, which is in line with our goal to lower our carbon footprint and improve the circularity of our company,” he said.
The new facility, representing an investment of 30 million euros ($32.3 million) and spanning 8,700 square meters, is currently under construction. The plant will be equipped with the latest technology and machinery available.The project is now entering its final phase and is expected to reach completion by the first quarter of 2023.
With the investment, the company is also creating up to 45 new jobs and enabling further growth in the region.