Solna, Sweden, 24 October 2019: BEWiSynbra one of the leading integrated producers of expandable polystyrene (EPS) in Europe, is constantly working to improve and reduce the environmental impact of its products. Now BEWiSynbra has successfully produced 100 per cent recycled EPS, which in turn can be recycled again and again.
“This is breaking news! We are proud to introduce this new material made entirely from recycled EPS. For too long too much EPS has been incinerated, leading to unnecessary carbon dioxide emissions and waste. Our customers want sustainable solutions that minimize the impact on the environment,” says Alan Moss, Managing Director of BEWiSynbra RAW.
EPS is made from 98 per cent air, making it very well suited for preserving and transporting goods, as well as for insulation and construction. In addition to being lightweight, shock absorbing and very thermal efficient, the material is 100 per cent recyclable. The 100 per cent recycled EPS has as good shock-absorbing and thermal properties as virgin EPS.
BEWiSynbra has planned customer trials during the next few months. The company expects to start commercial deliveries to a selected number of external customers early 2020.
BEWiSynbra has been outspoken in its ambition to lead the change within the EPS industry to reach its sustainability targets.
“Used EPS parts are completely recyclable, making EPS waste a significant resource,” says Alan Moss.
BEWiSynbra Group has introduced several recycling initiatives, such as the Use Re-Use concept in Sweden in order to increase the collection of used EPS. In addition, the company has recently acquired two recycling companies to reach its goals going forward.
“This is breaking news! We are proud to introduce this new material made entirely from recycled EPS. For too long too much EPS has been incinerated, leading to unnecessary carbon dioxide emissions and waste. Our customers want sustainable solutions that minimize the impact on the environment.”
Alan Moss, Managing Director
BEWiSynbra RAW
About BEWiSynbra Group AB
BEWiSynbra Group is one of the largest vertically integrated producers of expandable polystyrene (EPS) in Europe, focusing on sustainable solutions for packaging and components, as well as insulation. Innovation is a key driver for the Group’s competitive advantage and sustainability, and BEWiSynbra has an ambitious approach to its recycling initiatives.
About Verdane
Verdane is a specialist growth investment firm that partners with tech-enabled and sustainable European businesses. Verdane can invest as a minority or majority investor, either in single companies or through portfolios of companies, and looks to deploy inside two core growth themes; digitalisation and decarbonisation.
Verdane funds hold over €6 billion in total commitments and have made over 400 investments in fast-growing businesses since 2003. Verdane’s team of over 140 investment professionals and operating experts, based out of Berlin, Munich, Copenhagen, Helsinki, London, Oslo, and Stockholm, is dedicated to being the preferred growth partner to tech-enabled and sustainable businesses in Europe.
Verdane is also a certified B Corporation, the most ambitious sustainability accreditation globally. The firm only backs businesses that pass its 2040 test, which indicates whether the company can thrive in a more sustainable future economy.
Verdane is partly owned by the Verdane Foundation, which is focused on two areas: climate change and more equitable and inclusive local communities.
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Press Contact
Verdane Press Office
press@verdane.com
+46 76 27 28 100
Charlotte Knudsen, Director of IR and Communications
BEWiSynbra
+47 9756 1959
Alan Moss, Managing Director
BEWiSynbra RAW
+31 6 24514096
