GreenDot, the parent company of Germany's DSD packaging compliance scheme, is relying on diverse technologies in plastics recycling – without losing sight of mechanical processes. In an interview with EUWID, CEO Laurent Auguste discusses how the partnership with new shareholder Agilyx opens up new perspectives, which investments are planned and which political initiatives are needed now.
What were the main reasons for Agilyx’s investment in GreenDot – and how does that change your strategic orientation?
There is actually no change in our strategic orientation but rather a utilisation of our complementary strengths in Europe and the USA. As leading companies in the circular economy on both sides of the Atlantic, especially in the plastics sector, this agreement will be advantageous for both partners.
Moreover, it gives us access to additional sources of capital – at a time when the plastics industry must invest in expanding and modernising its capacities to meet the goals of the EU Packaging and Packaging Waste Regulation (PPWR). In addition, we gain privileged access to technologies for recycling polystyrene, which is of great importance to some of our customers, particularly in the dairy industry....
