Repeats Group is to build a pan-European plastics recycling platform focused on producing high-quality recycled low-density polyethylene (LDPE) with a EUR100 million equity commitment from Ara Partners, a global private equity firm that specialises in industrial decarbonisation investments.
Repeats utilises a best-in-class mechanical process to transform post-commercial plastic waste into high-quality resin suitable for commercial and industrial applications. The company is scaling LDPE recycling capacity throughout Europe to address the shortage of supply compared to the growing demand required to meet industry sustainability and net zero targets, increasing consumer preferences for low-carbon products and stricter regulatory requirements around decarbonisation.
Operations will be focused on core European markets characterised by dense population and underserved LDPE recycling capacity. Through a combination of greenfield development, acquisitions and strategic partnerships, Repeats and Ara are committed to building a leading LDPE recycling platform in Europe.
Repeats is led by Greg Rung and a team of LDPE recycling executives who collectively have over 80 years of experience in the plastics recycling industry.
