Borealis to acquire producer of recycled polypropylene compounds

Borealis, a provider of circular polyolefin solutions and a market specialist in the mechanical recycling of plastics, has announced that it has signed an agreement to acquire Rialti, an Italian polypropylene compounder and recycler. Closing of this transaction is subject to customary regulatory approvals.

Based in the area of Varese, Italy, Rialti is specialised in production of sustainable polypropylene (PP) compounds with a focus on mechanically recycled PP feedstock from post-industrial and post-consumer waste. With over thirty years of experience, Rialti utilises its annual capacity of 50,000 tonnes to make injection moulding and extrusion PP compounds with applications in different industries.

“During the past decade we’ve made steady progress in our circularity journey. The addition of Rialti to our portfolio will expand our circular offering and strengthen our ability to serve our customers in meeting their sustainability ambitions. As such we continue reinventing essentials for sustainable living” says Lucrèce Foufopoulos, Borealis executive vice president polyolefins, innovation & technology and circular economy solutions.