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Trinseo Acquires Plastic Waste Collector Heathland

Global plastics and latex manufacturer Trinseo has entered into a definitive agreement to acquire Heathland BV, a European collector and recycler of post-consumer (PCR, EoL) and post-industrial (PIR) plastic wastes based in the Netherlands.

The acquisition price was not disclosed, but it is in line with Trinseo's 2030 Sustainability Goals and its aim to transform into a specialty materials and sustainable solutions provider. The company added that with Heathland it will help meet market demand by securing a reliable source of recycled feedstock through the addition of a plastic waste collection business and enhancing the ongoing development of plastic recycling technologies.

Heathland's primary focus is on converting PCR and PIR Polymethyl Methacrylate (PMMA), Polycarbonate (PC), Acrylonitrile Butadiene Styrene (ABS), Polystyrene (PS) and other thermoplastic waste. The company also collects, pre-treats and processes plastic waste materials using mechanical and chemical recycling processes, and captures the materials' maximum value by transforming them into high-quality recycled raw materials for a wide range of high-end applications.

"In order to be successful as a sustainable solutions provider, it is essential that we have access to comprehensive recycling technologies and can secure plastic wastes as feedstock," said Francesca Reverberi, Senior Vice President and Chief Sustainability Officer of Trinseo. "This agreement is an extension of our commitment to investing in the movement toward a circular economy."

By Brian Balboa The Plastic Exchange.

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