NGR Acquires Hydrodyn: A Strategic Alliance to Enhance Agri-Plastics Recycling in Europe
13 août 2023
Dear APE members and friends
NGR (Next Generation Group) acquires a majority share of Hydrodyn.
According to the 2021 C&S report of the CPA , the non-packaging agricultural sector in Europe is lacking 550KT of recycling capacities, equivalent of 350KT of polymers. APE Europe is welcoming the acquisition by NGR of the majority share of Hydrodyn as an alliance of a major operator in the sector, NGR, with a highly innovative plastics cleaning providing high purity of recycled plastics, Hydrodyn. Dedicated to agri-plastics , such a reconciliation is natural to consolidate the agri-plastics recycling sector and improve the integrated ratio of recyclates into new products.