Ramping up its sustainability efforts, furniture giant Ikea has invested a 15 percent minority stake in Morssinkhof Rymoplast, a plastic recycling plant in the Netherlands. The plant has the capacity to produce more than 220,000 tons of high-grade recycled materials per year.
This effort goes hand-in-hand with the company’s goal of using 100 percent recyclable and/or recycled materials by August 2020.