Netherlands mattress recycling company RetourMatras has invested in UK recycler The Furniture Recycling Group, in a move that will almost double TFRG’s capacity.
The deal will enable TFRG to grow its dismantling capacity to 1.5million mattresses a year: it has recycled 3.5million mattresses since 2012. TFRG doubled its sales to more than £5m and workforce over the past four years.
‘We are constantly looking for opportunities to further our capabilities and are delighted to be partnering with RetourMatras. The investment is another step in the evolution of our business and will be instrumental in optimising and growing our recycling and rejuvenation processes. The investment will enable us to provide broader coverage of our services, as well as accelerating business growth and fast tracking our automation plans, ultimately driving down the cost of mattress recycling for our customers,’ says Nick Oettinger, TFRG ceo.
‘We are very excited to be partnering with TFRG as it enters its next phase of growth. TFRG is a great example of entrepreneurship in the circular economy. By working together with players throughout the value chain, I truly believe that we can recycle more mattresses. We can further transform mattresses into valuable raw materials by taking the best practices and unique processes pioneered by both, TFRG and RetourMatras. I look forward to growing the business together with Nick and his team, and jointly developing opportunities to make the mattress value chain circular,’ says Chico Van Hemert, RetourMatras md.
RetourMatras has four facilities in the Netherlands with a state-of-the-art automated process makes mattress recycling feasible, giving it the capacity to recycle all the 1.5million mattresses disposed of annually in the country. For each mattress recycled, 76kg of CO2 emissions are saved, as compared to incineration. RetourMatras provides recycling services to amongst other, municipalities, retailers, waste managers, and hotels in the Netherlands and Belgium.
RetourMatras recovers up to 80% of the materials from a mattress. It has the capability inhouse to transform post-consumer polyurethan foam into rebonded foam, which can be used as carpet underlay or insulation. RetourMatras is currently building a repolyol facility which will turn post-consumer polyurethane foam into repolyol, the key building block for foam in a new mattress. The other recovered materials such as latex foam, textile, and metal can be reused as new raw materials in, among others, the textile, construction, and metal industries.
Its backers include mattress producer Ikano Industry, founded by Ingvar Kamprad, as a part of Ikea Group; Ikea franchise operator Ingka Group and waste management group Renewi.
ich can be used as carpet underlay or insulation. RetourMatras is currently building a repolyol facility which will turn post-consumer polyurethane foam into repolyol, the key building block for foam in a new mattress. The other recovered materials such as latex foam, textile, and metal can be reused as new raw materials in, among others, the textile, construction, and metal industries.
Its backers include mattress producer Ikano Industry, founded by Ingvar Kamprad, as a part of Ikea Group; Ikea franchise operator Ingka Group and waste management group Renewi.
