Germany – ALPLA is significantly expanding its capacities with the complete acquisition of Texplast, a company based in Bitterfeld-Wolfen and previously part of the FROMM Group, as well as the joint venture PET Recycling Team Wolfen.
ALPLA is putting money into improving the quality and availability of PET recyclate for the German “bottle-to-bottle” cycle. ALPLA increased its processing volumes in Germany to around 75,000 tonnes of PET input following the acquisition of BTB Recycling in October 2021. Texplast and PET Recycling Team Wolfen contributed 55,000 tonnes, while BTB contributed 20,000 tonnes.
Pending approvals
PET pellets and flakes are produced by Texplast, which was founded in 1992. Preforms for new PET bottles are made primarily from the pellets. The packaging company FROMM uses the colorful PET flakes produced during the process to make packing strap. In recent years, however, the focus has shifted increasingly to the bottle cycle.
PET Recycling Team Wolfen specializes in PET bottle recycling from a ‘yellow bag’ – a German recyclables bin. These are returned to the recycling loop after being collected from homes. In 2019, Texplast’s sorting and processing systems in Wolfen, which are unique in the world, were installed.
The parties have agreed not to reveal the purchase price or any other information about the transaction. The acquisition is subject to the approval of the competent competition authorities on legal and regulatory grounds.
