
Sostenplas
Recycling e-waste plastics into high-quality secondary materials.
EUR | 2023 | 2024 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 24 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
% profit margin | 8 % | 14 % |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Company filings or news article
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Sostenplas is a Spanish company specializing in the recycling of plastics from Waste Electrical and Electronic Equipment (WEEE). The company was established in 2020 as an offshoot of the plastics broker Fosimpe, with its CEO being Pablo Leon. This move was driven by a market opportunity that arose from the 2019 amendment to the Basel Convention, which restricted the global trade of mixed scrap plastics.
Operating from a 100,000-square-foot facility in Segovia, Spain, which opened in 2021, Sostenplas has become one of Europe's top five e-plastics processors. The company's core business involves collecting, sorting, and recycling mixed e-plastics to produce high-quality, pure post-consumer recycled materials, including ABS, PS, and PP. These recycled plastics are then supplied as secondary raw materials for various production processes, promoting a circular economy. Sostenplas serves companies that need to manage their plastic waste and incorporate recycled materials into their manufacturing, helping them reduce CO2 emissions and the use of new plastics. The business model centers on transforming this waste into valuable resources through advanced technology. Sostenplas holds several certifications, such as ISO 9001, ISO 14001, WEEELABEX, and EUCertPlast, underscoring its commitment to high environmental and quality standards.
Keywords: WEEE plastic recycling, e-plastics processing, post-consumer recycled materials, circular economy, ABS recycling, PS recycling, PP recycling, plastic waste management, sustainable materials, secondary raw materials, industrial recycling, environmental standards, plastic traceability, resource recovery, e-waste solutions, plastic sorting technology, polymer recycling, sustainable manufacturing, high-impact polystyrene, injection polypropylene