Borealis invests in German post consumer plastic plant

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plastic recycling by mtm plastic in Germany
mtm plastic will benefit from a 15 million euro investment in its recycling plant
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Polyolefins producer Borealis is investing 15 million euros in mtm plastics GmbH's post consumer plastic waste recycling plant. Borealis acquired mtm in July 2016.

Based in Niedergebra, Germany, mtm plastics recovers mixed post-consumer plastic waste, producing polyolefin recyclates.

Borealis, whose head quaters is in Austria and who posted a net profit of 1.1 billion euros in 2016, will also spend 2.5 million euros on mtm's sister company mtm compact.

Commenting on the investment, Alfred Stern, Borealis designated . . .

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