FMN | December 5th, 2022

Coveris Launches ReCover Business Unit

Coveris has introduced a new business segment named ReCover, bundling all efforts in waste sourc- ing, processing, and recycling to close the loop for circular plastic recycling As part of its sustainability strategy, Coveris has already announced the ambition of reducing waste in all its forms. Expanding its recycling capacity and capabilities is the next step for avoiding pol- lution and supporting customers in their sustain- ability efforts. Expansion ReCover will act as a separate company supplying Coveris sites on an arm’s length basis but also sup- plying third party customers that are interested in recyclates on a quality level that are not available in the market today. To strengthen and expand its recycling capabili- ties Coveris has recently acquired the site and as- sets from Capital Valley Plastics in the UK, an es- tablished PE recycler, processing post-consumer and post-industrial waste via in-house mechanical recycling extruded mostly into building films. The Blaenavon site is equipped with the latest state-of- the-art mechanical recycling technology, with an annual capacity of 20,000 tons. ICE Europe Prepares 2023 Return ICE Europe will return March 14-16, 2023 in Mu- nich, Germany. Keeping the current market situation in mind, ICE will focus on topics such as efficiency, pro- ductivity, automation, digitalization, as well as sustainability. The ICE Awards, honoring outstanding achieve- ments in the converting industry, are making a comeback at ICE Europe 2023. Honoring The Industry The ICE Awards will honor exhibiting companies from the converting industry, tackling present-day challenges of the industry, for best practice, excel- lence, innovation, and outstanding performances. ICE Europe will take place parallel to CCE Inter- national, an event for the corrugated and folding carton industry, and InPrint Munich. Further information about the ICE Europe 2023 can be found on the show’s website at www.ice-x. com/en-gb.html .

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6 December 5, 2022 Flexo Market News

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