Swedish Plastic Recycling (Svensk Plaståtervinning) is investing 1 billion Swedish krona — more than $116.5 million — to develop a state-of-the-art plastics recycling facility at its existing facility in Motala, Sweden. The new operation will be able to recycle all plastic packaging from Swedish homes, with no carbon dioxide (CO2) emissions. Called Site Zero, the new 60,000-m2/645,835-sq-ft facility will be completed in 2023. “We are doubling our capacity and will be able to handle 200,000 tonnes of plastic packaging per year. This creates the conditions needed for receiving and eventually [recycling] all plastic packaging from Swedish households,” said Mattias Philipsson, CEO of Swedish Plastic Recycling, in a prepared statement.
Veranese Promoted to CEO of AMI
With the continued growth and evolution of Advanced Manufacturing International, Inc. (AMI), the
