- Circular Resources acquired DSD and Der Grüne Punkt on August 10, 2022.
- Investments will develop a site for chemical recycling of plastics currently incinerated.
- Two German businessmen from CirCap will join the board of Der Grüne Punkt.
- Der Grüne Punkt produces 50,000 tons of high-quality plastic recyclate annually.
Acquisition and Strategic Goals
Circular Resources acquired DSD – Duales System Holding GmbH & Co. KG and Der Grüne Punkt on August 10, 2022. This acquisition aims to enhance closed-loop recycling by integrating mechanical and chemical recycling processes. The goal is to bring plastics back into the recycling loop, reducing environmental impact and supporting a circular economy.
Investment and Development Plans
Investments will be made to develop existing sites into processing facilities for plastics currently destined for incineration, diverting them towards chemical recycling. This will increase the volume of high-quality recyclates and expand the applications for recycled materials.
Leadership and Governance
Two prominent German businessmen, Ralf Huep and Karl-Georg Altenburg, will join the board of Der Grüne Punkt as non-executive chairman and director, respectively. Their involvement is expected to boost the company's growth and help unlock its full potential.
Production and Capacity
Der Grüne Punkt currently produces around 50,000 tons of high-quality plastic recyclate annually at its Systec Plastics plants. These recyclates are used to manufacture packaging and products for household, construction, and garden use. The company will continue to invest in expanding both the quality and capacity of its mechanical recycling operations.
