Announced

Itelyum to invest in Plasta Rei.

Synopsis

Itelyum, an industrial waste recycling firm, agreed to invest in Plasta Rei, a plastic fabrication company. Financial terms were not disclosed. "Itelyum’s entry in the plastic recycling market will be an exciting new challenge for the group which we expect to complement our technological capabilities and to further promote our long-term commitment to pursue sustainable development goals. We are confident that the investment in Plasta Rei will be a significant opportunity for the group’s future growth, both within the Italian market and internationally via potential further projects," Marco Codognola, Itelyum CEO.

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