The company recycles agricultural plastic and then produces raw material for the plastic industry from the recycled plastic.
The existing factory in Korsberga will be expanded with three new production lines.
Capacity will increase from 6,000 tonnes to 25,000 tonnes per year at the plant.
- We see that there is a long-term demand for climate-smart plastic products, says Erik Bondemark, CEO of the company.
Receives financial support
Today, there are 18 employees at the company, and with new hires they will thus be increased to 63.
The investment is approximately SEK 400 million and the company also receives financial support from Klimatklivet of SEK 112 million.
Klimatklivet is government investment support that can be applied for by companies, municipalities and regions that want to invest in a green transition.