- EUR 15 million investment in mtm plastics GmbH
- Additional EUR 2.5 million for mtm compact in 2023
- Processing capacity increased from 60 to 80 Kt
- Focus on high-end re-granulate markets
Investment Overview
Borealis has announced a EUR 15 million investment project in mtm plastics GmbH, a leading technology company in the recycling of mixed post-consumer plastic waste. This investment aims to enhance the company's processing capacity and capabilities.
Capacity Expansion
The project will increase the overall input processing capacity from 60 to 80 Kt. This includes the expansion of existing equipment to better serve the high-end market for re-granulates.
Additional Investments
An additional EUR 2.5 million will be invested this year in environmental protection and capacity expansion for mtm compact, the sister company located in Fürstenwalde.
Strategic Importance
Borealis fully acquired mtm plastics GmbH and mtm compact GmbH in July 2016. This investment is a key step in realizing Borealis' growth ambitions in the circular economy, ensuring minimal downtime while maintaining existing facilities and business operations.
