08 Mar 2022 --- Alpla Group will increase its annual recycling volume in Germany to 75,000 tons of PET bottles after agreeing to acquire recycling company Texplast from the FROMM Group and all of its shares in the joint venture PET Recycling Team Wolfen. PET recyclate is in hot demand as brands in Europe prepare for increasingly stringent circular economy regulations. The EU’s Single Use Plastics Directive imposes a 90% collection rate for plastic beverage bottles by 2029 and a minimum of 25% recycled plastic in PET bottles from 2025, rising to 30% from 2030 in all beverage bottles.
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