The recycling unit has a capacity of 12,000 tons/year and TeraPlast is now among the top ten PVC recyclers in Europe, the company said. The EUR3.5 million investment includes recycling lines, production hall, annex buildings and storage facilities. TeraPlast collects post-industrial PVC waste from Romania and post-industrial and post-consumption waste from Europe.
The European PVC waste market amounted to around 343,000 tons in 2016 and 420,000 tons in 2017, company officials said. The largest recyclers in Europe are in Germany, UK, and France, with a total market share of 65%. The top ten PVC waste recyclers in Europe process around 56% of the waste in the area.