Interpack 2017: APK plans to build innovative plastic recycling plants in Asia and Europe
APK plans to set up recycling plants by 2025 together with strategic partners in Europe and South-East Asia in order to strengthen plastics recycling and to reduce global land pollution and marine litter.
According to a study by the Ellen MacArthur Foundation earlier this year, world-wide plastics production has reached more than 300 million tons per year and is still increasing. Roughly 78 million tons per year are consumed in single-use packaging, much of which ends up in incineration or landfills, or even worse, in the oceans of our planet.
Less than 17% of all plastic waste is currently recycled worldwide – this low number is due to a lack of efficient collection and sorting systems as well as a lack of advanced recycling technology in some regions.
APK has developed a breakthrough technology that can be applied to a broad variety of plastic types and combinations commonly used in packaging, even difficult ones including multi-layer films. The technology exploits physical and chemical properties of different polymer types in order to separate these efficiently, resulting in high-purity single-polymer streams.
CEO Klaus Wohnig explained at the Interpack fair 2017 why it is important to set up plants both in Europe and in Asia: “In Germany we have developed an advanced and economically interesting recycling technology to recover virgin-quality polymers from plastic-packaging waste. We call it Newcycling®. We now want to expand in Europe while simultaneously bringing our technology to the region where the problem is acute: South-East Asia. Of course, we are open to further co-operations with interested industry partners in order to change the plastics economy from linear to truly circular as soon as possible. This challenge is a very substantial.”
APK Aluminium und Kunststoffe AG was founded in 2008 and has a 57.000 m² plant near Leipzig, Germany. APK has expertise and patented technology in both mechanical and physical-chemical recycling of a variety of feedstocks. APK is owned by the Munich based financial investors MIG Fonds and AT Newtec, an investment company of family office Struengmann.
APK Aluminium und Kunststoffe AG
Julia Wunder & Katerina Birkholz
Beunaer Straße 2
Phone: +49 3461 794 570
Fax: +49 3461 794 5729
E-Mail: firstname.lastname@example.org and email@example.com