Greenglass Invests 10 Million EUR to Open a New Recycling Facility and to Increase the Recycling Capacity to 260,000 to/year

Greenglass will start the construction of the second post-consumer glass waste facility in Romania, increasing its production capacity to 260,000 tons / year. The total processing capacity of the company will cover the collection target that Romania has to meet for glass packaging waste, including the quantity to be collected from the Deposit – Return System. The new plant will own modern technology to recycle types of waste that are difficult to treat, such as flat glass, glass from construction and demolition and windshield glass, thus offering a complete solution for recycling glass waste in Romania. Greenglass reaffirms its ongoing commitment to divert the waste of glass from the landfill towards a circular economy model by suppling manufacturers raw material cullet with a degree of 99.99% purity.

Greenglass Recycling, one of the market leaders in the industry of glass recycling in Romania, based in Popesti-Leordeni, Ilfov since 2013, invests ten million EUR in a new post-consumer glass waste recycling plant, as well in the modernization of existing facilities, thus increasing its production capacity to 260,000 recycled tons/year.

Photo: Greenglass Recycling S.A.

The plant will be built in the proximity of Bucharest County and construction will start in the second half of 2022 and finish in 2023. With the new investment, in addition to post-consumer glass recycling operations, the new plant will also recycle flat glass from the automotive industry and glass from construction and demolition. It is expected to create more than 100 local jobs during the construction phase and 90 permanent roles once it is complete.

“The company continues its strategic plan of investing in the most modern recycling technologies, at the same time considering waste as part of the economic circuit, where glass is collected and transformed 100% into a valuable resource. Once the new plant will start its activity, Greenglass will be able to recycle all the glass that Romania must meet as a collection target, while being the solution for recycling the materials from the Deposit- Return System. We are also responding to the growing demand from glass manufacturers to increase the share of recycled material in their products, in order to reduce the use of virgin materials,” said Marius Costache, Greenglass General Manager.

For the recycling of post-consumer glass packaging, the plant has invested in modern, optoelectronic sorting equipment. Using this advanced recycling processes results glass cullet with a high degree of purity at least 99, 99%.

The new constructed plant will accommodate leading-edge technology, which separates and removes contaminated materials from glass, resulting in increased efficiency of the recycling value chain and providing producers with recycled secondary raw materials. Recovered, the materials will be directed to various industrial sectors as cullet and will be used in the production of flat glass.

As part of the expansion strategy, GreenGlass will build a new glass recycling plant in the Center West of the country.

“We aim to create a truly circular economy in Romania, both for packaging glass waste, but also for glass waste resulting from other streams. We consider that a new further investment in the Central-West area of Romania will offer us the opportunity to generate a positive and responsible value and to optimize all operations that are part of the collection and recycling system, meaning proximity to generators of waste, lower logistics costs, less CO2 emissions”, added Marius Costache.

Figures show that at European level the production of glass has continued to increase in recent years, reaching over 21 million tons. The “European Organization of Glass Manufacturers” (FEVE) confirms that glass is more than ever the leading packaging material for spirits, wines and beer, while it is increasingly gaining share in the food, water and dairy sectors. It is the second leading packaging material in Europe in terms of volume.

 

About GreenGlass
Greenglass Recycling, part of the European recycling group Green Group, is a glass recycler in Romania, present in Popești-Leordeni, Ilfov, since 2013. The factory carries out operations for recycling post-consumer glass packaging, with a capacity treatment of 110,000 tons / year.

Since 2016, Green Group is owned by Abris Capital Partners, a private equity fund dedicated to investment in Central and Eastern Europe with capital investments of over € 1.2 billion.

More information on www.greenglass.ro

 

Source: Greenglass Recycling S.A. (Popești-Leordeni, Ilfov, Romania, February 22, 2022)