Veolia PET Germany to close Rostock site on 31.12.2023
This difficult decision is based on an estimation of the market with regard to the will to close the loop for PET beverage bottles. It has not been possible to secure sales of recycled PET in cooperation with the beverage industry and/or retailers. The willingness of all market participants to participate in a long-term perspective for the purchase of recycled PET on economic terms is the prerequisite for the PET loop. In this volatile climate, the permanent, economic operation of a PET recycling plant is not possible for Veolia.
Veolia PET Germany GmbH, based in Hamburg, is part of Veolia Umweltservice GmbH and, thanks to its many years of experience, is one of the leading companies in all areas of the PET recycling market in Europe. The production sites in Frauenfeld (Switzerland), Fetsund (Norway), Norrköping (Sweden) and the central marketing company of all plants in Hamburg are not affected by the closure.
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The Veolia Group is the global benchmark for optimized resource management. With more than 220,000 employees on all five continents, the Veolia Group designs and implements water, waste and energy management solutions for the sustainable development of communities and economies. Through its three complementary fields of activity, it provides improved access to resources, their protection and their renewal. In 2022, Veolia Group provided drinking water to 111 million people and wastewater services to 97 million people worldwide, generated nearly 44 million MWh of energy and recycled 61 million tons of waste. Veolia Environnement's (Paris Euronext: VIE) consolidated annual revenue in 2022 was €42.885 billion. www.veolia.com
In Germany, Veolia and its subsidiaries employ around 9,500 people at about 250 sites. In partnerships with municipalities, they serve more than 11 million people. In addition, they provide customized services for private and commercial customers, trade and industry. In its three business units, Veolia generated annual revenues of €2.8 billion in Germany in 2022.
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