Alsico engages in European ReHubs initiative
Europan ReHubs initiative to push forward scale-up recycling
A large scale study concluded that in order to reach a fiber-to-fiber recycling rate of around 18 to 26 percent by 2030, capital expenditure investment in the range of 6 billion euro to 7 billion euro will be needed to scale up sufficient sorting and processing infrastructure. The economic, social, and environmental benefits could reach 3.5 billion euro to 4.5 billion in total annual holistic impact by 2030.
A first concrete project addresses current sorting technologies which have limits to identify materials with sufficient accuracy for the subsequent circular recycling processes. The Transform Waste into Feedstock project aims on building up a first 50,000 tons sorting facility by the end 2024.