Industrial services provider Bilfinger and recycling tech company Umincorp have signed a letter of intent for a long-term partnership.
The aim of the engineering, procurement and construction (EPC) project will be to build several plastic recycling plants that use Umincorp’s new, patented magnetic density separation (MDS) technology.
The MDS process has a 40% higher recovery of plastics and a 10% higher output quality than currently used recycling processes.
After the successful commissioning of the first industrial-scale MDS facility in Amsterdam, Bilfinger will now support Umincorp in standardising their plant concept for international expansion.
It is hoped that the second facility will also be in the Netherlands, and the partners hope this will be the basis for international expansion.
Umincorp chief executive Jaap Vandehoek said: “We selected Belfinger as our EPC partner because they are a flexible and reliable partner with high quality and safety standards. They look beyond just providing a turnkey solution, but also take into account the smart operation and maintenance of the future facilities right from the start.”
Retailer Ikea is a shareholder in Umincorp with its investment used to further grow MDS technology.