MOL Group Acquires Plastic Recycling Company ReMat
Fuel retailer MOL Group has acquired Hungary’s ReMat, a plastic recycling company with an annual processing capacity of 25,000 tonnes and almost 200 employees.
The deal aligns with the fuel retailer’s strategy to focus on low carbon circular economy in Central and Eastern Europe.
ReMat Zrt. operates production plants located in Tiszaújváros and Rakamaz, Hungary, and a logistics hub in Bratislava, Slovakia.
The company manufactures a wide range of polyethylene and polypropylene regranules and tailor-made products using plastic waste from communal and industrial sources.
The acquisition will enable MOL Group to develop tailor-made virgin and recyclate solutions to meet the growing demand of its customers for circular materials.
ESM
Related news
The MOL Group’s sustainability plan is ambitious
Focusing on the future, the Mol Group has set itself…
Read more >
A condition for a successful green energy transition is competitiveness
In a joint statement, the leaders of European industry warn…
Read more >
Recycling a type of waste that has been buried until now
Hamburger Recycling Hungary Kft. is putting special machinery into operation…
Read more >Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >
Using 30% less materials would be a solution to the climate crisis
The circular economy is a global imperative: it transcends geographical…
Read more >
Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >
