Actus des entreprises  •  Membres

Aloxe forms partnership with Ergis Recycling to invest in a major new rPET plant in Poland

Aloxe, the independent leader in recycled Polyethylene Terephthalate (rPET) in Europe, announced an agreement to invest in a new extrusion plant in Wąbrzeźno, Poland, in partnership with Ergis Recycling, the PET recycling division of Ergis Group located in Płock.

A major investment in 40,000 t rPET Food Grade output capacities in 2023 for both companies. Production is planned to start in spring 2024.

The rPET needs of the European beverage industry are tremendous given regulations requiring 25% recycled content in beverage bottles by 2025 and 30% by 2030). Industries such as food, cosmetics, pharmaceutical, and home and personal care are also committed to using recycled content.

“Poland is a major market in Europe and with this new plant we will be able to meet the needs of leading brands and plastic packaging industry for high-quality and food grade recycled PET,” said Arnaud Piroëlle, Aloxe’s Executive Director. “Packaging recycling is a key enabler on the road to carbon neutrality for brand owners. We will continue to support our customers efforts to achieve their ambitious sustainability goals”.

Tadeusz Nowicki comments that "the partnership between Ergis Group and Aloxe is a consequence of Ergis' long-term policy based on the use of increasing amounts of recycled materials. Today, Ergis Group incorporates more than 40,000 tonnes of recycled PET, PE, and PVC materials into its products and is developing new recycling processes."

In the agreement, Aloxe was supported by IPOPEMA Securities S.A. as financial advisor.

About ALOXE

Aloxe is the independent leader of recycled polyethylene terephthalate (rPET) in Europe; Aloxe supplies high-quality resins and large volumes for sustainable packaging markets such as food & beverages, cosmetics, and pharmaceuticals. Aloxe has built up over 20 years’ worth of expertise in recycling; Aloxe will operate 120 000 tons of capacity in France, Italy, and Poland in 2024. In a controversial context on plastic and packaging, Aloxe is helping to make plastics a solution for a sustainable future. Since its inception, Aloxe has been a portfolio company of Ara Partners, a private equity firm that specializes in industrial decarbonization investments.

For more information on Aloxe, please visit www.aloxe.one

Contact : Fabienne Rochereau, Fabienne.rochereau@aloxe.one

About ARA PARTNERS

Ara Partners is a private equity firm specializing in industrial decarbonization investments. Ara Partners invests in the industrial & manufacturing, chemicals & materials, energy efficiency & green fuels and food & agriculture sectors, seeking to build businesses that provide significant decarbonization impact. It operates from offices in Boston, Massachusetts, Houston, Texas and Dublin, Ireland. Ara Partners closed its second fund with approximately $1.1 billion in capital commitments in September 2021.

For more information on Ara Partners, please visit www.arapartners.com

About ERGIS GROUP

The Ergis Group is a leader in plastics processing in the Central and Eastern Europe. Out of its five manufacturing plants, four are situated in Poland and one in Germany. The GROUP's profile includes manufacturing of packaging for food (films and PVC and PET-based barrier laminates, printed multilayer laminates) and industrial packaging (LLDPE stretch films and PET straps). Moreover, Ergis is a manufacturer of films for packaging pharmaceuticals, hydro-insulating films and PVC compounds. In 2022 the Group’s revenue exceeded PLN 1147 million.

For more information on Ergis Group, please visit www.ergis.eu