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Pallmann Industries and BP Recycling Systems - a clarification
In April 2013, Pallmann Industries, which specializes in size reduction and processing technologies in various sectors, announced the acquisition from BP Recycling Systems GmbH (Reinach, Switzerland) of technology for making briquettes and pellets from municipal and industrial solid waste, biomass, plastics, textiles, glass, non-ferrous metals, and wood. As the technology acquisition was not brought to a conclusion Pallmann Industries wishes to clarify the current situation in order to prevent any further misunderstandings in the market.
Pulpapernews.com wrote about the acquisition.
Rolf Gren, General Manager of Pallmann Industries, says: "Although at the time of the announcement in 2013, Pallmann had every intention of proceeding, but a number of organizational and technological reasons for both parties caused the Pallmann Industries to reverse its decision. As a leading provider of recycling solutions, we are always looking for new and innovative processes. "Pallmann Industries apologizes for any possible harm that may have been caused to BP Recycling System GmbH by any uncertainty in the market."