European expandable polystyrene (EPS) manufacturer BEWiSynbra has established a new recycling company in Portugal to support its recycling initiatives.
The new facility will be located close to one of the BEWiSynbra’s existing production sites. Portuguese fish farming industry will supply raw materials for the facility.
In October 2018, the company launched BEWiSynbra Circular and aims to recycle 60,000t of EPS a year.
BEWiSynbra intends to increase the recycling volumes in the next two to four years.
BEWiSynbra deputy CEO Jonas Siljeskär said: “We already have two production facilities in Portugal, mainly producing fish boxes, and are already into recycling so this is, indeed, a natural step in an important and prioritised market.”
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By GlobalDataThe group has acquired two recycling companies and continues to expand and strengthen the company’s venture in EPS recycling.
BEWiSynbra introduced several recycling initiatives for other companies.
Pedro Luis will be appointed as the CEO of the company. He has experience in southern Europe recycling market.
BEWiSynbra Circular in Portugal managing director Pedro Luis said: “I am so excited to be part of this innovative company and to be able to lead the change towards a closed loop for EPS products.
“We will collect fish boxes and all other sorts of used EPS, recycle it and use it again and again, contributing to making our industry circular and to produce carbon-neutral products for our customers.”
