Material solution company Sibelco and Mineris Environnement have created a joint venture for the collection and recycling of flat glass in France called Recyverre.
Recyverre, in turn, has completed the acquisition of GIREV, a French recycler of flat glass. The combined entity will employ around 70 people.
The joint venture brings together Sibelco’s flat glass recycling capabilities at its site in Crouy in Aisne, France with Mineris’s capabilities in flat glass collection and transportation.
Added to this will be GIREV’s plants in Châtenois, Vosges and Distroff, Moselle.
The combined entity will enable efficiencies in the recycling value chain for flat glass waste and will provide producers of flat glass, glass wool and glass beads with a product portfolio of secondary material.
The companies said they would be able to respond to growing demand from glass producers to increase the share of recycled material in their products to lower the use of virgin raw materials and reduce carbon emissions.
The closing of the business combination of Sibelco’s and Mineris’s French flat glass recycling assets will happen on July 1 2020.
The closing of the Girev acquisition occurred on March 10 2020.
22.04.2020, Sibelco
Notícias sobre o material do site é copyright e pertence à empresa ou ao seu fornecedor de terceiros notícia, e todos os direitos reservados. Qualquer usuário que acessa esse material poderá fazê-lo apenas para seu próprio uso pessoal, bem como a utilização desse material é de risco exclusivo do Utilizador. A redistribuição ou exploração comercial de material tal notícia é expressamente proibida. Se tal notícia material é fornecido por um terceiro, cada utilizador concorda em observar e estar vinculado aos termos específicos de utilização aplicáveis a material notícia. Nós não representamos nem endossamos a precisão ou confiabilidade de qualquer informação contida em qualquer notícia ou sites externos referidos na notícia.
Should the content or the design of these sites violate third parties rights or legal prescriptions, we kindly ask you to send us a respective message without invoice or cost. We guarantee that passages where the claim is considered as justified will be removed immediately, without any necessity to involve any lawyer into this issue. We will reject any claim caused by submission of a honorary note in this regard without any prior contact and confirmation of the issueby us and we reserve the right ssue counter claim ourselves because of violation of aforesaid conditions.