Abstract
Borealis has acquired a controlling interest in the Belgium-based recycler Renasci, which operates a pyrolysis plant in Oostende, Belgium, that breaks down waste plastics into fuels and petrochemical feedstocks. Borealis acquired a 10% interest in the company in 2021 and has upped its stake to just over 50%. Borealis aims to make 600,000 metric tons per year of plastics based on recycled and recovered raw materials by 2025.
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