New circular company in Port Oostende to increase employment: APPI signs concession agreement on 15-hectare plot of land
The Belgian-Dutch start-up Advanced Plastic Purification International NV (“APPI”) becomes the latest circular company to set up a base in Port Oostende by signing a long-term concession agreement on 15 hectares in Plassendale.
APPI is active in recycling and purification of plastic waste. End of life plastics will be sorted, cleaned, and processed into near-virgin quality that is ready to be converted into various plastic applications and products.
The project is based on existing, proven, efficient technologies that will be applied on a significant scale. The proces will be energy self-sufficient to a large extent and will be carbon neutral. With the intended capacity APPI will contribute significantly to the development of the circular economy.
APPI anticipates an initial combined in- and output flow of 500’000 tons per year by water, and expects to provide 110 new jobs. The new player therefore will have a positive impact on local employment as well as maritime flows.
The arrival of APPI fits perfectly into the mission, vision, and strategy of Port Oostende, with circular industry as one of the main pillars. The choice for the Plassendale area in the port reinforces the existing circular cluster, which has been one of the main aims of the board over the last years.
APPI expects to start works by the end of 2024 to become operational in 2026.
“The arrival of APPI underlines that Ostend offers a breeding ground for both SME’s and start-ups. This provides growth and employment perspectives, which is why we welcome APPI’s choice for Port Oostende.”
“The circular cluster which has taken shape over the last years, brings recyclers together in a dedicated area of the port. The companies mutually reinforce supply & demand and attract new players. The arrival of APPI in Ostend fits perfectly in our strategy to provide space to sustainable, maritime growth markets.”
“As a result of the hard work of Port Oostende we welcome this new circular company today. Another step towards the future of the Port with a strong focus on environment and sustainability, which we happily support.”
“Our choice for Port Oostende was in large part due to its pragmatic and supportive management. Their clear vision for an integrated circular cluster provides essential breeding ground for making APPI’s relevant and necessary project a success. We look forward to the collaboration.”
Port Oostende aims for continuity, growth and employment within five pillars: Blue Economy, Lift-on lift-off, Bulk & Project Cargo, Cruises & Roll-on roll-off, Circular industry and the Fishing industry. These sectors are expanded based on two foundations: prioritization of safety, health and environment as well as supporting innovation and development.
Advanced Plastic Purification International NV (APPI) is a Belgian-Dutch start-up in recycling and purification of plastic waste. Each year 57 million tons of plastic are produced in Europe of which only a fraction is recycled after use. Increasing public awareness of this problem, fueled by consumer preference and regulatory action, is resulting in a strong drive towards a more circular economy. APPI addresses this need by building a recycling facility in Ostend. The project is based on existing, proven, efficient technologies that will be applied on a significant scale. The process will be energy self-sufficient to a large extent and will be carbon neutral.
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