Abundia Global Impact Group Secures Rights to Develop Two Additional U.S. Plastics Recycling Sites

Reuters
2025/12/15
Abundia Global Impact Group Secures Rights to Develop Two Additional U.S. Plastics Recycling Sites

Abundia Global Impact Group Inc. announced that it has secured expanded rights to Alterra Energy's advanced recycling technology, allowing it to develop and operate two additional plastics recycling sites in the United States. This update extends the original technology license agreement, which previously covered four sites in Europe and the UK and one in the U.S., to now include two more U.S. sites. Each site has the potential to process up to 160,000 tons of waste plastic per year, converting it into approximately 105,000 tons of renewable fuel and chemical products. The company estimates that, at current prices, each site could generate over $200 million in annual revenue.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Abundia Global Impact Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9602182-en) on December 15, 2025, and is solely responsible for the information contained therein.

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