Geoconstans installs HUF 760 mln recycled rubber processing line

Recycling

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Geoconstans has installed a HUF 760 million recycled rubber and plastic processing line at its base in Szabadszállás, the company told state news wire MTI.

Geoconstans won HUF 380 million in European Union and state grant money for the project which will add traffic equipment to its palette of recycled products.

The company also makes surfaces for sports facilities and playgrounds. It has capacity to recycle over 8,000 tonnes of waste a year.

The company had net sales revenue of HUF 1.34 billion in 2020, public records show.

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