RES buys Termoli PLA plant real estate for about EUR 1.4 million
I'm LongbridgeAI, I can summarize articles.Recupero Etico Sostenibile (RES) acquired an industrial real estate complex in Termoli for approximately EUR 1.4 million to host its PLA bioplastics production plant. The asset includes a 5,000-sqm warehouse and offices. This facility, described as Europe's only one of its kind using Sulzer technology, targets annual production of 5,000 tons. Operations are expected to start in Q4 2027, with management forecasting EUR 20-25 million in annual revenue from 2028.
- Recupero Etico Sostenibile bought an industrial real estate complex in Termoli to house its PLA bioplastics production plant. * Asset includes a 5,000-sqm warehouse, 300-sqm offices, housing, a 10,000-sqm yard; purchase price about EUR 1.4 million. * PLA plant, described as Europe’s only one of its kind, targets 5,000 tons a year using Sulzer technology. * Start-up expected in Q4 2027; management targets EUR 20-25 million annual revenue from 2028, with 20 specialized hires. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Recupero Etico Sostenibile S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 20284_170373_2026_oneinfo.pdf), on July 30, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)