SÜDPACK expands its involvement in CARBOLIQ
With effect from January 2, 2024, SÜDPACK has acquired additional shares of CARBOLIQ GmbH and appointed Dirk Hardow as Managing Director. By doing so, SÜDPACK is demonstrating its commitment to a closed-loop system for plastics and to chemical recycling as a complementary recycling technology. Dirk Hardow, who as Manager of the BU FF&C is responsible for matters such as the development and implementation of closed-loop models, will lead the company as its managing director in the future.
The acquisition of a majority stake in CARBOLIQ was signed on December 15. For Erik Bouts, CEO of SÜDPACK, this is “the logical next step. We regard CARBOLIQ technology as an indispensable building block in our industry’s process of transformation towards a circular economy.”
With the acquisition, the film manufacturer is simultaneously substantiating its leading position in terms of a circular economy in the industry for flexible packaging. Because so far, SÜDPACK is the only manufacturer of flexible films with direct access to capacities for chemical recycling. “We believe quite profoundly in the benefits of this advanced technology compared to other oiling processes,” highlighted Dirk Hardow. “In terms of energy consumption and the processing window for a broad range of recyclables, CARBOLIQ technology offers significant advantages in comparison to other processes from our point of view,” elaborated Hardow.
more at: https://www.suedpack.com/en/press/press-releases/press-detail-view/suedpack-expands-its-involvement-in-carboliq