Polish plastics recycler Akpol Adam Kuś has been awarded an investment grant of some PLN 6.8m (€1.5m) under the European Union's Eastern Poland Programme (POPW) for the 2014-2020 financial period. The funds will be used to launch a new production line of PE regranulate from recycled plastics at the company's facility.
The investment was announced by the country's Polish Agency for Enterprise Development (PARP), a state-run agency tasked with providing financial support to local companies with the use of funds obtained from the EU. This marks another EU-supported investment in expanding its production capacities by Akpol Adam Kuś which acquired an investment grant from the EU to launch a regranulation line in 2010.
The investment grant will cover close to 57% of the project which is estimated to be worth a total of PLN 12m (€2.7m), according to data from the agency.
Akpol Adam Kuś says it specialises in making PP and PE regranulates. The manufacturer claims its production facility is enabled with a monthtly output capacity of some 1,500 tonnes of regranulate.
The company was set up in 2005 and it is headquartered in Kraśnik, in Poland's south-eastern region of Lubelskie.
Akpol Adam Kuś says that it collects plastic waste from a number of EU member states.
Kraśnik is located about 186 km from the country's capital Warsaw.