EREMA Group, the global specialist in recycling systems manufacture, has developed a project for the construction of a plastics waste processing plant in Russia.
Ansfelden, Austria-based EREMA has been in discussion with officials from the Moscow Region government on the project to locate a recycling unit in the suburbs of the Russian capital, according to regional ministry of investments and innovation.
It quoted Kalojan Iliev, managing director of the group's Russian subsidiary OOO EREMA, as estimating that investment involved in the project would be worth around €35m.
Following a ‘Business to Business' meeting between EREMA and Denis Butsayev, deputy chairman of the Moscow regional government, Iliev was reported to have stressed the advantages of such a recycling plant locally.
“We do hope for the support of the Moscow Region Government, because it is mutually beneficial for all: regional operators, residents themselves, and the region's environment,'' he was quoted as commenting.
He added that interest has already been shown in the plant proposal by several leading global food and beverage producers.
“For example, the companies Pepsi, Coca-Cola, Danone and Nestlé are all interested in this particular topic since they set a goal for themselves – to use the secondary material in their products.
“This is due to the fact that they want to reduce the annual discharge of plastics, which creates a lot of waste,” said Iliev.
EREMA Group has more than 4,000 recycling systems operating worldwide producing around 14 million tonnes of plastics granulate annually.
It recently estimated that to reach European plastics recycling targets of 55% by 2030, more than 10 million tonnes of recyclate will need to be utilised in end products compared to around 3 million tonnes today.
EREMA set up an offshoot enterprise in Russia early in 2016 with Iliev and a small team set the task of further developing business in the Russian and CIS markets.