Investing in the future
Delivering our purpose and vision requires constant innovation. Our investments aim to increase recycling rates, accelerate the transition to a circular economy, and support customers and society at large.
Renewi focuses on advanced operational solutions that improve the quantity, quality and usability of our products. Our subsidiary Coolrec has invested €3m in a range of new technologies, including a new degassing process to capture the greenhouse and toxic gases contained in fridges. We have also invested in new separation techniques for metals and thermoplastic polymer and polystyrene plastics coming from discarded electrical and electronic equipment. Our new advanced plastics sorting, grinding and washing line in Ghent produces recycled high-quality polypropylene/polyethylene to be reused in new plastics manufacturing. The new €0.5m wood sorting line in Eeklo installed in 2020 has led to a 35% higher yield of solid wood, which can be given a new life as chipboard rather than going to biomass incineration. Continuous improvement projects in our UK PPP contracts enhanced operations, reduced incidents and cut costs in FY21.
- €3m Amount Coolrec has invested in various new technologies
- €0.5m Investment in the new wood sorting line installed in Eeklo in 2020
- 35% Increase in yield of solid wood produced by the new sorting line