ALBA joint venture wants to operate recycling Plant for plastics in Japan

Memorandum of Understanding signed in Tokyo

Berlin/Tokyo. The ALBA Group, one of the leading recycling and environmental services and raw materials providers worldwide, is expanding its engagement in Asia. Yesterday in Tokyo, as part of the Japan trip of the Governing Mayor of Berlin, Michael Müller, the company signed a cooperation agreement for the construction and operation of a recycling plant for PET (polyethylene terephthalate). It is the first ALBA plant on Japanese soil.

Together with its local partner, the private waste management company SEIU Japan Ltd., Co., the Berlin company will set up the plant in the Tokyo metropolitan area. The plant for the production of PET flakes and PET pellets will have a capacity of 35,000 tonnes per year and will go into operation in 2020. These products will then be processed into recycled material for the plastic-processing industry.

The Governing Mayor of Berlin, Michael Müller, said: “I am very pleased that environmental technology from Berlin and expertise from our capital are in demand in Asia. Berlin is increasingly developing into the research and development location for technologies of the future. Berlin companies have a good reputation worldwide and we can be proud of this.”

“The joint venture is to combine the strength of Japan’s leading private waste management company with the leading recycling technology of ALBA,” said Dr Axel Schweitzer, ALBA Group CEO, on the occasion of the signing of the cooperation agreement. “As an advanced industrialised country with an active environmental policy, Japan is a very interesting market for us.” Therefore, the joint venture with SEIU is also to examine further investment possibilities in the Japanese recycling industry.

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