BEWI will open a new circular hub in Norrköping, Sweden that will allow the company to expand its EPS (expanded polystyrene) recycling capacity by 40%.
BEWI has transformed its former insulation plant and equipped it with the latest recycling extrusion technology. Its strategic location allows more efficient transportation to the recycled polystyrene extruder in the Netherlands, which creates new EPS raw material. Also, it has potential for future expansions.
"We are proud to present our new, state-of-the-art recycling facility here in Norrköping. We are well positioned to meet the growing demand for products with recycled content, driven by both the market and legislations," expressed Aljosa Krizman, EVP and Head of BEWI’s Circular segment.
Furthermore, the circular hub facilitates using recycled material in BEWI's downstream business units, increasing the offering of solutions with reduced CO2 footprint.
Finally, Christian Bekken CEO said: "With the circular hub in Norrköping, we enhance our recycling platform, expand our product offering, and strengthen our market position."
Less than a month ago, BEWI presented new sustainable packaging based on expanded polystyrene (EPS) raw material grades and EPS fish boxes that caused a 60% lower CO2 footprint.
According to the UN Environment Programme (UNEP), EPS transport packaging is "recycled at scale and in practice".
No insulation company collected last year more used EPS than BEWI (27,000 tonnes. This is equivalent to approximately 90% of the fish boxes it produced.
"We collect and convert used EPS into high-quality recycled raw material, effectively contributing to increase recycling and establish a closed-loop system," explained Bekken.