Belgian plastics recycler Fromto seeks partner after EUR 30m losses
Fromto, the Beringen plant that recycles the plastic from Belgium's blue PMD household waste bags, has lost EUR 30m (USD 34m) over the past three years, De Tijd reported. Creditor protection has been requested, by parent Bionerga according to VRT NWS and Het Nieuwsblad and by Fromto itself according to Het Belang van Limburg, while Bionerga seeks an industrial partner to keep the plant running.
Why this mattersA failure at Fromto would remove PMD plastic recycling capacity in Belgium, adding to pressure on European recyclers from cheap Chinese plastics and high energy costs.
- Fromto recycles the plastic fraction of Belgium's blue PMD household waste bags at its Beringen site.
- The plant has lost EUR 30m (USD 34m) over the past three years, according to De Tijd via VRT NWS.
- Creditor protection has been requested; reports differ on whether parent Bionerga or Fromto itself filed.
- Bionerga is seeking an industrial partner to keep the plant running.
- Fromto's sister plant in Houthalen previously went bankrupt.
- The blue PMD bag collection scheme itself is not affected.