12 May 2023 --- TotalEnergies has announced it is acquiring Spanish mechanical recycling specialist Iber Resinas. Through the transaction, TotalEnergies hopes to increase its production of circular polymers in Europe, extend its range of recycled products and enhance its access to feedstock through Iber Resinas’s network of suppliers. Iber Resinas recycles plastics (PP, PE and PS) from household and industrial waste in its two plants near Valencia, Spain. The company also has a large network of direct customers to whom it sells its products for manufacturing packaging, automotive parts and building materials.
