Plastics reprocessor MBA Polymers UK announces the acquisition of Dover-based automotive plastics recycler, PPR Wipag.
Formed in 1995, PPR Wipag specialises in the processing of post-industrial plastics from the automotive industry. This includes multi-layered parts such as car bumpers and dashboards which it converts into closed loop resins.
MBA Polymers UK is a specialist in the processing of post-consumer plastics from Automotive Shredder Residue (ASR) and Waste Electrical and Electronic Equipment (WEEE).
As part of the acquisition PPR Wipag will become MBA Polymers UK’s post-industrial arm.
MBA Polymers UK is a production unit at Worksop in Nottinghamshire build by MBA Polymers in 2010 and transferred to the licensee and cooperation partner EMR Group in 2018.
Outputs are compounded at the facility into high quality virgin replacement polymer grades which is sold under the MBA Polymers brand worldwide.
Dr. Felix-Michael Weber, CEO of MBA Polymers Inc. says that the acquisition supports the company’s long-term growth strategy to increase its product portfolio and provide a “complete closed loop offering”.
“The merger will bring benefits and new opportunities and is the ideal solution for the evolution of our business. We are now in the position to offer a true “cradle to grave” recycling solution to the Automotive Industry in the UK & beyond.” says Paul Mayhew, MBA Polymers UK general manager.