{"id":114549,"date":"2022-08-31T07:17:00","date_gmt":"2022-08-31T05:17:00","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=114549"},"modified":"2022-08-24T10:26:37","modified_gmt":"2022-08-24T08:26:37","slug":"holistic-solution-for-the-recycling-of-plastics","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/holistic-solution-for-the-recycling-of-plastics\/","title":{"rendered":"Holistic solution for the recycling of plastics"},"content":{"rendered":"\n\n\n

Circular Resources S\u00e0rl (\u201cCircular Resources\u201d), a company established to provide a one-stop-shop for the recycling of plastic waste, has acquired DSD \u2013 Duales System Holding GmbH & Co. KG and the group of companies with Der Gr\u00fcne Punkt (\u201cDer Gr\u00fcne Punkt\u201d or the \u201cGreen Dot\u201d) with effect from August 10, 2022. The companies acquired include Der Gr\u00fcne Punkt \u2013 Duales System Deutschland GmbH, which operates one of the leading dual systems for the collection and recycling of used sales packaging in Germany, as well as Systec Plastics GmbH with its production facility in H\u00f6rstel and Systec Plastics Eisfeld GmbH, which produce high-quality recyclates for the plastics and packaging industry from plastic waste collected in the German yellow bag and yellow garbage can.<\/strong><\/p>\n\n\n\n

Founder and President of Circular Resources Carlos Monreal<\/strong> says: \u201cThe acquisition of Der Gr\u00fcne Punkt by Circular Resources is a milestone for closed-loop recycling. Circular Resources will fully support Der Gr\u00fcne Punkt\u2019s current licensing, waste collection and mechanical recycling businesses, which are performing very strongly, and complement this by introducing large scale chemical recycling of waste plastics in Germany.\u201d<\/p><\/blockquote>\n\n\n\n

Carlos Monreal is also the founder and CEO of Plastic Energy, a global leader in chemical recycling of end-of-life plastic waste. The deal is expected to unlock further synergies between mechanical and chemical recycling of plastic waste in Europe that will allow plastics currently being lost from the value chain to be brought back into the recycling loop.<\/p>\n\n\n\n

\u201cWaste has long since become a valuable raw material. With plastics in particular, we must ensure that the fossil carbon they contain does not end up in the environment, causing pollution and exacerbating climate change\u201d, says Laurent Auguste, CEO of Circular Resources<\/strong>, explaining the commitment. \u201cThe concept of circular carbon is becoming increasingly important for a true circular economy. Our goal is therefore to provide a holistic solution for the recyclability of plastic. Together with Der Gr\u00fcne Punkt, we are developing a unique approach by combining sales packaging licensing and direct access to the recycled material stream, whether mechanically or chemically recycled. We want to partner directly with packaging producers and help them to close the loop through their buying decisions.\u201d<\/p>

\u201cWith Circular Resources, we are gaining the strategic partner we need to further develop our business and to develop into new areas to create additional value for our customers,\u201d Michael Wiener, CEO of Der Gr\u00fcne Punkt<\/strong>, is convinced. \u201cWe will continue to invest in mechanical recycling, expanding both quality and capacity and adding new applications for our recyclates. In addition, we will work to develop solutions for plastic waste that cannot be mechanically recycled, including through chemical recycling. This will mean we can keep more materials in the loop and reduce the environmental impact of packaging waste. We will also seek to develop the business internationally. Circular Resources is just the right partner to work with us in this mission.\u201d<\/p><\/blockquote>\n\n\n\n

\"\"
Michael Wiener (l.), Laurent Auguste \u2013 \u00a9<\/strong> Jan Knoff, K\u00f6ln<\/figcaption><\/figure><\/div>\n\n\n\n

The partners emphasize that the well-positioned business areas of the various companies complement each other optimally and will be further developed as part of a holistic solution. Packaging licensing and recycling will continue to go hand in hand. \u201cOur common goal is to act quickly and innovatively to realize synergies between the businesses to serve our customers in this rapidly evolving market,\u201d Auguste says. \u201cTogether with Der Gr\u00fcne Punkt, we will be a driver for new circular solutions, including chemical recycling.\u201d<\/p>\n\n\n\n

\u201cWe will take the concept of extended product stewardship to a new level and offer our customers a one-stop-shop solution as part of an exclusive partnership,\u201d Wiener announces. <\/strong>\u201cThe group offers comprehensive consulting services around Design4Recycling and the use of recyclates, licensing of sales packaging in the dual system, high-quality recyclates from mechanical recycling \u2013 and polymers from chemical recycling, obtained from post-consumer waste and suitable for the production of new plastics, including for food packaging.\u201d<\/p><\/blockquote>\n\n\n\n

Circular Resources has taken over the entire group of companies with all shares, the management of Der Gr\u00fcne Punkt remains on board and will take a significant stake in the new company. The companies of Der Gr\u00fcne Punkt will continue to operate and develop in their current form. The aim is to continue to grow together, and to increase the volume of high quality recyclates provided. The investments already planned independently of the takeover to increase quality and capacity in the German recycling plants of Der Gr\u00fcne Punkt will be carried out as planned. For example, the company will invest to develop one of its existing sites into a processing facility for plastics that are currently destined for incineration to divert them instead towards chemical recycling.<\/p>\n\n\n\n

Two prominent German businessmen, who through their investment fund CirCap will be investors in Circular Resources, will join the board of the holding company of Der Gr\u00fcne Punkt group. Ralf Huep (ex-Advent International) and Karl-Georg Altenburg (ex-JP Morgan) will serve as non-executive chairman and director respectively. Huep says: \u201cWe are totally committed to unlocking the full potential of Der Gr\u00fcne Punkt. The Company has pioneered the dual system in Germany, developed a very strong brand, adapted to different regulatory and market changes and is now ready to expand. The foundations are solid, and the new shareholders will help to boost its growth.\u201d<\/p>\n\n\n\n

Der Gr\u00fcne Punkt \u2013 competence in packaging licensing and mechanical recycling<\/strong><\/h3>\n\n\n\n

Der Gr\u00fcne Punkt set up the dual system in Germany from 1991 onwards and is now one of 11 operational system operators in a market characterized by intense competition. With its two Systec Plastics plants, it currently produces around 50,000 tons of high-quality plastic recyclate annually, from which packaging and products for household, construction, and garden use are made. In addition, the group of companies advises its customers on the recycling-friendly design of packaging.<\/p>\n\n\n\n

Circular Resources<\/strong><\/h3>\n\n\n\n

Circular Resources was founded to provide a one-stop-shop solution for globally recognized operators to meet their growing need for recycled plastics and their commitment to solve the plastic waste crisis. The founder, Carlos Monreal, is also the founder and CEO of leading chemical recycling company Plastic Energy. \u201cCircular Resources will lead the way by implementing disruptive solutions, to bring plastic packaging back into the recycling loop,\u201d says Laurent Auguste. \u201cWe will maximize plastic packaging waste usage and optimize the plastics recycling value chain, to make plastics truly circular.\u201d<\/p>\n\n\n\n

About the Der Gr\u00fcne Punkt Group<\/strong><\/h3>\n\n\n\n

The companies of Der Gr\u00fcne Punkt are service providers for extended producer responsibility, leading suppliers of secondary raw materials for plastics, and premium producers of plastic recyclates, and as such positioned as the premier solution providers for the needs of the circular economy. Der Gr\u00fcne Punkt \u2013 Duales System Deutschland GmbH (DSD), with the Green Dot as its trademark, was among the companies to introduce and establish the dual system in Germany, and stands for intelligent take-back systems, plus the development and marketing of innovative recyclates and services. Systec Plastics, at its facilities in Eisfeld and H\u00f6rstel, produces premium-quality recyclates under the Systalen brand name for the international market. The companies are grouped together in DSD \u2013 Duales System Holding GmbH & Co. KG.<\/p>\n","protected":false},"excerpt":{"rendered":"

Circular Resources S\u00e0rl (\u201cCircular Resources\u201d), a company established to provide a one-stop-shop for the recycling of plastic waste, has acquired DSD \u2013 Duales System Holding GmbH & Co. KG and the group of companies with Der Gr\u00fcne Punkt (\u201cDer Gr\u00fcne Punkt\u201d or the \u201cGreen Dot\u201d) with effect from August 10, 2022. The companies acquired include […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","nova_meta_subtitle":"Circular Resources acquires Germany\u2019s Green Dot to create the industry\u2019s first integrated mechanical and chemical recycling solution for plastic packaging waste","footnotes":""},"categories":[17143],"tags":[17202,10416,20738,7105,11966,10453],"supplier":[26011,13601,20893,17014,20894],"class_list":["post-114549","post","type-post","status-publish","format-standard","hentry","category-recycling","tag-chemicalrecycling","tag-circulareconomy","tag-mechanicalrecycling","tag-packaging","tag-plastics","tag-recycling","supplier-circular-resources-sarl","supplier-der-gruene-punkt-duales-system-deutschland-gmbh","supplier-dsd-duales-system-holding-gmbh-co-kg","supplier-plastic-energy","supplier-systec-plastics-gmbh"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/114549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=114549"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/114549\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=114549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=114549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=114549"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=114549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}