 "Veolia acquires Dutch PP recycler AKG Kunststof Groep")
Veolia has acquired Dutch polypropylene recycler AKG Kunststof Groep to strengthen its position as a leading producer of recycled raw materials. AKG Kunststof Groep provides high quality polypropylene (PP) granules, which are made from commercial, industrial and household waste (90 percent of supplies) and from the waste produced by plastic product manufacturers. Granules are used in manufacturing plastics, which find applications in many fields such as horticulture, construction, electronics, automotive and packaging. In 2014, with 53 employees based in Vroomshoop (Netherlands), AKG recycled 37,000 tonnes of plastic.
For Veolia the Vroomshoop site will become a centre of excellence for recycling polypropylene. Equipped with the latest technology and able to undertake analyses at each stage in the production process, it will add to the Group's expertise in the circular economy sector.
Antoine Frerot, CEO of Veolia, said, “This operation is the next natural step for Veolia in its strategic transformation and development. Our growth on new thriving markets and our ability to provide solutions for the recovery and production of raw recycled materials have demonstrated the Group’s ability to turn the waste of some into resources for others.”
Veolia provides energy and water services to its industrial and public sector customers in the Netherlands. For example, for Jacobs Douwe Egberts in Joure, spent coffee grounds, a production residue, are used to produce energy. In Leeuwarden, Veolia is conducting a pilot project for the generation of bioplastics from the sludge recovered from waste water installations. The acquisition of AKG Kunststof Groep will further augment the presence of Veolia in the Netherlands in the Overijssel region.
For Veolia the Vroomshoop site will become a centre of excellence for recycling polypropylene. Equipped with the latest technology and able to undertake analyses at each stage in the production process, it will add to the Group's expertise in the circular economy sector.
Antoine Frerot, CEO of Veolia, said, “This operation is the next natural step for Veolia in its strategic transformation and development. Our growth on new thriving markets and our ability to provide solutions for the recovery and production of raw recycled materials have demonstrated the Group’s ability to turn the waste of some into resources for others.”
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Patrick Labat, senior executive vice president Northern Europe for Veolia, added, “The acquisition of AKG will enable us to further meet the needs of our clients. The Vroomshoop site will become the zone’s 'Centre of Expertise' for our polyolefin recycling and compounding activity.”
Veolia provides energy and water services to its industrial and public sector customers in the Netherlands. For example, for Jacobs Douwe Egberts in Joure, spent coffee grounds, a production residue, are used to produce energy. In Leeuwarden, Veolia is conducting a pilot project for the generation of bioplastics from the sludge recovered from waste water installations. The acquisition of AKG Kunststof Groep will further augment the presence of Veolia in the Netherlands in the Overijssel region.