Ingka Group-backed recycling plant to boost Belgium’s circularity goals
IKEA’s largest retailer announced a new €1 billion investment in recycling infrastructure this January.
Belgium has broken ground on a new recycling facility backed by Ingka Group’s €1 billion circularity investment fund, which is set to service 80% of the country’s households.
The Morssinkhof-Rymoplast Group facility will turn household waste such as milk bottles, butter tubs, and shampoo containers into recycled materials that can be used in packaging, with the capacity to serve about four million households.