ORLEN Unipetrol completes acquisition of REMAQ
Sustainability

ORLEN Unipetrol completes acquisition of REMAQ

REMAQ operates four modern regranulation lines with a total capacity of 3,000 tonnes per month

  • By ICN Bureau | January 06, 2023

The ORLEN Unipetrol Group continues to meet its strategic development objectives by 2030. Within this framework, it also focuses on the principles of circular economy and permanent sustainability.

It expanded its existing activities in the field of chemical recycling to the segment of mechanical recycling by completing the acquisition of REMAQ, a leading player in the region of Central and Eastern Europe, into its group.

ORLEN Unipetrol Group wants to be emission neutral by 2050 at the latest. It fulfils this mission by implementing successive goals, which are defined in the group's sustainable development strategy until 2030. One of the goals is the development of recycling activities so that in 2030, fifteen to twenty percent of ORLEN Unipetrol's petrochemical production is generated by recycling plastic and biogenic waste.

” With the acquisition of the REMAQ company, we added knowledge and processing capacities in mechanical recycling to our experience with chemical recycling.  We are also considering plasma processing of waste and are debating with representatives of cities and municipalities about the possibilities of waste collection and sorting. Our ambition is to appropriately link all methods of waste recycling and build a complete and fully functional chain that fairly distributes the additional value created by waste processing among its participants. In it, municipalities, waste producers and waste processors would cooperate effectively. We will soon process the secondary raw materials resulting from various waste processing methods in our production technologies," said Tomáš Herink, board member of the ORLEN Unipetrol Group responsible for production, research and development.

The Italian-Czech company REMAQ, established in 2004, focuses on production and trading with plastic recyclates, especially polypropylene, polyethylene and polystyrene. It operates four modern regranulation lines with a total capacity of 3,000 tonnes per month.

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