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Panda Recycling to build £13m PCR plant in UK

Enhance its growing recycling business:

In a move to enhance its growing recycling business and deal with the increase in plastic waste since China's scrap ban, Beauparc Utilities, Irish owner of Panda and Greenstar, announced that will invest €15 million (£13 million) to build a new plastics recycling facility in the UK....

Eamon Waters, CEO of Beauparc, said: “We are delighted to be making this investment as a move to offer our customers a more sustainable recycling solution for plastic waste. Previously, as a company, we had to heavily rely on China as the only destination for plastics recycling. The new facility, which will slot in with Beauparc’s growing UK presence, will employ approximately 40 people and will process waste plastic films from both Ireland and the UK into new plastic products.”

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