Your World of Legal Intelligence
 United Kingdom | +44 (0) 20 7284 8080

Trinseo Closes Acquisition of European Plastics Recycler Heathland.

Document Cited in Related
Vincent

MANews-(C)2009-2022

Switzerland-based plastics and latex binders manufacturer and materials solutions provider Trinseo (NYSE: TSE) has closed the acquisition of Dutch post-consumer (PCR, EoL) and post-industrial plastic waste collector and recycler Heathland B.V., the company said.

As a plastic waste collector and recycler based in Utrecht, the Netherlands, Heathland is focused on converting PCR and PIR polymethyl methacrylate, polycarbonate, acrylonitrile butadiene styrene, polystyrene and other thermoplastic waste.

The company collects, pre-treats and processes plastic waste materials using mechanical and chemical recycling processes, and captures the materials' maximum value by transforming them into high quality recycled raw materials for a range of high-end applications.

Heathland is well established in Europe with several notable projects, including MMATwo and Revolution, which are funded by the Horizon 2020 program of the European Commission.

The acquisition serves as an important milestone of Trinseo's transformation journey into a specialty materials and sustainable solutions provider.

As the company's extensive sustainable product portfolio continues to grow, this agreement will help meet market demand by securing a reliable source of recycled feedstock through the addition of a plastic waste collection business and enhancing the ongoing development of plastic...

To continue reading

Request your trial
COPYRIGHT Normans Media Ltd.

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT