Seri-iFunding requested for the reconversion of the Pozzilli site

The project to set up a plant at the Unilever site for the recycling of mixed plastics from the separate collection of post-consumer packaging is progressing.

Seri Industrial has updated its 2022-2026 business plan, which also envisages the conversion of the Unilever site in Pozzilli (IS) to the recycling of heterogeneous plastics from post-consumer packaging, according to a joint-venture agreement signed last year between Unilever and Seri Plast, a company of the Campania-based group (read article). The joint-venture company, christened P2P, submitted an application for funding to Invitalia earlier this month to implement the project, which envisages total investments of €109.4m, non-repayable grants of €38.4m, and a soft loan of €43.7m. The industrial project includes a five-year framework agreement (renewable for a further five years) for the supply to Unilever of at least 65,000 tonnes per year of recycled plastics at an agreed price (pricing formula indexed to raw material trends), equivalent to 50% of the Campania plant's production capacity. Once the reconversion is complete, the facility will be one of the most advanced in Europe for the production of recycled plastics and the only one in Southern Italy capable of recovering mixed plastic material from post-consumer waste, otherwise destined for waste-to-energy plants and cement factories.

SERI INDUSTRIAL S.p.A. · via Provinciale per Gioia, Centro Az. Quercete snc – 81016 San Potito Sannitico (CE) · P.I. 11243300156 REA CE 314821

C.F. 01008580993 · Capitale sociale Euro 106.456.682,03 i.v.