TeraPlast Group, the largest Romanian manufacturer of construction materials, invested EUR 4 million in the recycling business line during 2017-2018, and from April 2019 it was transferred to TeraPlast Recycling. At the end of 2018, the group concluded with E.ON Energie an agreement worth EUR 2mln for energy efficiency solutions.
The company has recently received the visit of Deputy Prime Minister & Environment Minister Gratiela Leocadia Gavrilescu, who has held talks on sustainable development. One of the items of discussion of the meeting was compliance with the environmental legislation and sorting PVC waste. Most waste from demolition and construction reaches the environment.
“Unfortunately, approximately 100.000 tons of post-consumption PVC are buried in Romania annually, waste coming from demolition in construction. For 2019, in Romania we expect a similar volume of collected waste as in 2018, amid issues of compliance with the environmental legislation faced especially by the construction market in terms of waste management. It means that we will be forced to import over 7,500 tons of rigid PVC waste. If only 15% of the total PVC waste coming from construction were collected in Romania, meaning 15,000 tons, we wouldn’t be forced to import waste from abroad. During today’s meeting, I have seen the desire of the Ministry of Environment to take legislative measures in the field and we hope that their implementation will have effects in the near future,” said Dorel Goia, Chairman of the Board of Directors of TeraPlast.
Over 61 million tons of construction waste are generated annually in Europe. At 1,000 tons of waste, 5 tons represent PVC waste. In 2018, TeraPlast recycled over 5,000 tons of rigid PVC waste, with more than half of it coming from abroad, the factory having a processing capacity of 12,000 tons per year. Over the past 2 years, it has invested over EUR 6mln in this direction and it takes important steps each year to reduce the carbon footprint through energy efficiency and increasing the quantity of materials recycled.
Minister Gratiela Gavrilescu has stated that the Ministry of Environment planned to take measures with regard to the environmental legislation and waste sorting, through consistent projects that will meet the Romanian businesses and contribute to responsible development.
About TeraPlast Group
With a tradition of over 120 years, TeraPlast Group is currently the largest manufacturer of construction materials, with Romanian capital. The group consists of the following companies: TeraPlast, TeraSteel Romania and Serbia, Wetterbest (Depaco), TeraGlass, TeraPlast Hungary. Since April 2019, the recycling business of the Group has been carried out by the independent company TeraPlast Recycling.
Since July 2, 2008, the largest company within the Group – TeraPlast SA – has been listed on the Bucharest Stock Exchange, under TRP symbol. TeraPlast shares are included in BET-BK, BET-XT, BET-XT-TR and BET-Plus indices.