GCR GROUP ACQUIRES A PARTICIPATION IN SINTAC

The strategic alliance between the two companies responds to the objective of expanding the offer of sustainable and circular plastic solutions to provide greater added value to customers.

GCR Group, a leading company in the manufacture of a new generation of sustainable plastic solutions for the plastics processing industry, has acquired a participation in SINTAC Recycling. Thus, GCR Group becomes the new partner of SINTAC Recycling, a leading plastics recycling company, which offers a wide range of 100% recycled plastics from industrial, domestic and agricultural post-consumer plastic materials.

The strategic alliance between both companies responds to the objective of expanding the offer of sustainable and circular solutions to provide greater added value to customers, placing environmental commitment at the centre. This agreement is an important step forward towards the transition to a more sustainable plastics industry, promoting the circular economy to give plastics a second life by marketing 100% recycled and recyclable products.

The CEO of GCR Group, Joan Prats, said: “I recently took over the management of the company with the clear desire to accelerate its growth based on the commitment to sustainability and the determination to contribute to building a better world. In this line, the achievement of this alliance is an important milestone not only for GCR Group and SINTAC Recycling but for the whole sector. In this way, we are promoting a new generation of high-quality, sustainable solutions from recycled plastic, which allow us to reduce our environmental impact and carbon footprint”.

For the CEO of SINTAC, Vicente Olmos, “the change of partner carried out by our company, bringing into our structure a European leader such as GCR Group, will allow us to continue innovating in the recycling of plastics and circular economy projects, as well as reinforcing our common positioning as a major reference in Europe and the world”.

SINTAC Recycling will continue with the team, structure and operations that have made it a European leader in plastics recycling. GCR Group will incorporate part of its technical staff into this structure to develop new projects, generate new synergies and continue innovating in the recycled plastic market, aiming to contribute to the growth and development of its customers with a clear environmental commitment.

About GCR Group

GCR Group is a global benchmark in the development of sustainable plastic solutions for the plastics processing industry. Founded in 2001 and with headquarters in La Bisbal del Penedés (Tarragona) and production centres in La Bisbal del Penedés and Barberà del Vallés, the company has more than 200 employees and operates globally. Thanks to its strong commitment to innovation and the most advanced technology, GCR Group is leading the development of a generation of plastic solutions based on minerals and recycled plastics, which are more environmentally friendly by reducing the use of virgin plastics and the carbon footprint.

About SINTAC Recycling

SINTAC Recycling is a leading group in plastics recycling, sustainability and circular economy projects. Its more than 30 years of experience, its presence on five continents, and its offer of a wide range of recycled products, contribute to the protection of the environment and provide added value to its customers. In addition, it provides consultancy and circularity project development services.