TOMRA and Plastretur to Build Plastic Packaging Sorting Plant in Norway

Specifications:

Name:

TOMRA and Plastretur to Build Plastic Packaging Sorting Plant in Norway

Location:

Norway

Company:

TOMRA and Plastretur

Estimated Cost:

-

Source:

https://www.tomra.com/

Introduction:

TOMRA has signed a majority ownership agreement with Plastretur, the Norwegian producer responsibility organization responsible for recycling plastic packaging. The companies will pair up to create a plastic packaging sorting plant located in Norway.

Features:

The 50M EUR (~600MNOK) joint venture will be split 65 percent TOMRA and 35 percent Plastretur. This will be the first dedicated plastic packaging sorting plant in Norway, accepting municipal-sourced separated and mechanically recovered mixed plastic waste. The plastics will be sorted into 7 types of plastic which will be processed into high-quality fractions that are ready to be used to produce new packaging and other high-quality products.

In the new venture, Plastretur will continue to take responsibility for sourcing plastic packaging waste from Norwegian municipalities, trade and industry, and deliver this to the plant as input. TOMRA will be responsible for grading the fractions based on type and selling the plastic output.

The total sorting capacity planned for the new site will be 90,000 tons of plastics per year and it will be built in Holtskogen Næringspark, Indre Østfold Holtskogen, Norway (near Oslo). The capital investment consists primarily of machinery and equipment. The groundbreaking is planned to take place in mid-2023 and the plant is scheduled to be commissioned in Q4 2024 and to be fully operational by Q1 2025.