Material solution company Sibelco and Mineris Environnement have created a joint venture for the collection and recycling of flat glass in France called Recyverre.
Recyverre, in turn, has completed the acquisition of GIREV, a French recycler of flat glass. The combined entity will employ around 70 people.
The joint venture brings together Sibelco’s flat glass recycling capabilities at its site in Crouy in Aisne, France with Mineris’s capabilities in flat glass collection and transportation.
Added to this will be GIREV’s plants in Châtenois, Vosges and Distroff, Moselle.
The combined entity will enable efficiencies in the recycling value chain for flat glass waste and will provide producers of flat glass, glass wool and glass beads with a product portfolio of secondary material.
The companies said they would be able to respond to growing demand from glass producers to increase the share of recycled material in their products to lower the use of virgin raw materials and reduce carbon emissions.
The closing of the business combination of Sibelco’s and Mineris’s French flat glass recycling assets will happen on July 1 2020.
The closing of the Girev acquisition occurred on March 10 2020.
22.04.2020, Sibelco
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