Budapest-MOL Group,as part of its"Shape Tomorrow"2030+ Strategy,announced the acquisition of ReMat,Hungary's"market leading"plastics recycling company.ReMat,with a processing capacity of 25,000 t/y,uses plastic waste from community and industry sources to create a wide range of polyethylene and polypropylene re-granules and tailor-made products.ReMat has production plants in Tiszaujvaros and Ra-kamaz,Hungary,as well as a logistics hub in Bratislava,Slovakia.Value of the transaction was not given.
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