LANDBELL
Waste management service provider joins Source One / Recovery of post-consumer waste
 Done deal: Uwe Echteler (l.) and Kai Hoyer (Photo: Source One) |
German waste management service provider Landbell (Mainz; www.landbell.de) has acquired a 25.1% stake in compatriot consultancy and project developer Source One (Dalldorf; https://s-one.de/en/home). Uwe Echteler, Landbell board member and COO of the DACH region, and Kai Hoyer, Source One owner and managing director, signed a corresponding shareholder agreement on 29 March 2023.
Landbell and Source One want to “bring post-consumer waste that is difficult to recycle back into the recycling process with the help of innovative technologies and expand the global infrastructure for this”, according to a joint statement. Further details about the cooperation were not disclosed. Landbell board member Echteler will also serve as Source One’s managing director in the future.
Source one is part of Hoyer’s holding 23 Oaks Investments (Leiferde, Germany), which also owns 51% of Source One Plastics (Leiferde), a recycling JV with LyondellBasell (LYB, Houston, Texas, USA; www.lyondellbasell.com) that is currently building a plant at its headquarters in Germany for sorting household plastics waste not suitable for mechanical recycling. Among other things, the facility is to supply a recycling plant with polyolefin agglomerates – shredded residual plastics compressed by frictional heat into compact, free-flowing granules – which LyondellBasell said it wants to build at its site in Wesseling near Cologne, Germany.
Related: Source One to build 60,000 t/y reclaim plant in Germany
With a market share of around 5%, Landbell ranks seventh among the dual systems in Germany. In 2020, more than 760,000 t of batteries, e-waste, and packaging were recycled.
At Germany’s K trade fair in 2022, Landbell announced a cooperation with confectionery manufacturer Mars Wrigley (Hackettstown, New Jersey, USA; www.mars.com) and polymer producer Sabic (Riyadh, Saudi Arabia; www.sabic.com). Within the framework of the project, BOPP films are to be produced on the basis of chemically recycled plastics household waste and then used in turn for the packaging of chocolate bars.
Landbell and Source One want to “bring post-consumer waste that is difficult to recycle back into the recycling process with the help of innovative technologies and expand the global infrastructure for this”, according to a joint statement. Further details about the cooperation were not disclosed. Landbell board member Echteler will also serve as Source One’s managing director in the future.
Source one is part of Hoyer’s holding 23 Oaks Investments (Leiferde, Germany), which also owns 51% of Source One Plastics (Leiferde), a recycling JV with LyondellBasell (LYB, Houston, Texas, USA; www.lyondellbasell.com) that is currently building a plant at its headquarters in Germany for sorting household plastics waste not suitable for mechanical recycling. Among other things, the facility is to supply a recycling plant with polyolefin agglomerates – shredded residual plastics compressed by frictional heat into compact, free-flowing granules – which LyondellBasell said it wants to build at its site in Wesseling near Cologne, Germany.
Related: Source One to build 60,000 t/y reclaim plant in Germany
With a market share of around 5%, Landbell ranks seventh among the dual systems in Germany. In 2020, more than 760,000 t of batteries, e-waste, and packaging were recycled.
At Germany’s K trade fair in 2022, Landbell announced a cooperation with confectionery manufacturer Mars Wrigley (Hackettstown, New Jersey, USA; www.mars.com) and polymer producer Sabic (Riyadh, Saudi Arabia; www.sabic.com). Within the framework of the project, BOPP films are to be produced on the basis of chemically recycled plastics household waste and then used in turn for the packaging of chocolate bars.
05.04.2023 Plasteurope.com [252559-0]
Published on 05.04.2023
German version of this article...