Source - Alliance News

Renewi PLC - Milton Keynes, England-based company which turns waste into recycled products - Opens a hard plastics sorting facility in Acht, Netherlands. It says the opening of the new facility advances its recycling efforts and solidifies its position as a leader in the sector and reducing reliance on traditional waste disposal methods. The newly opened facility enables Renewi to recycle separately collected plastics and more contaminated material from construction and demolition waste, noting a 95% purity rate achieved via an advanced technology. Renewi says: ‘The Acht facility showcases Renewi’s innovative approach towards future recycling processes and will help increase the company’s recycling rate further. Renewi aims to expand partnerships with industry leaders and stakeholders, reaffirming its commitment to sustainability and helping leading the charge towards a waste-free future.’

Current stock price: 589.00 pence each, up 2.6% on Tuesday afternoon in London

12-month change: down 2.6%

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