Ingka Group invests in Chinese plastics recycling firm
The investment comes a few days after IKEA opened an online store on Chinese e-commerce platform JD.com.
Ingka Group’s investment arm Ingka Investments has announced a capital injection in China’s Re-mall, a post-consumer plastics recycling firm.
With the investment, IKEA’s largest retailer aims to support the transition towards a more circular economy and reduce plastic pollution in China – one of the largest plastic markets in the world.
