Italian glass recycling interests acquired
Sibelco has acquired two glass recycling businesses, Emiliana Rottami and Emill, through a bankruptcy auction in the Bologna region of Italy. Emiliana Rottami is an obsolete glass recycling plant with valid permits, while Emill is a glass fines recycling plant. Both were part of the same group that was declared bankrupt in 2019.
These acquisitions will allow Sibelco to further grow its Italian glass recycling footprint (with Emiliana Rottami) and extend its business model concept through a zero-waste approach (with Emill). They complement Sibelco’s existing plants in Musile, near Venice and the recently acquired Macoglass recycling plant near Bergamo.
Sibelco is Europe’s leading glass recycler, processing 1.5 million tonnes of waste glass every year. The company plans to clean the waste pile at the Emiliana Rottami site and demolish the obsolete plant. Sibelco is also conducting a detailed engineering study for the development of a 250kt brownfield plant, with the intention of starting construction by the third quarter of 2020. It is also working on a proposal to source material from a nearby stockpile.