RENASCI
Renasci is a Belgian chemical recycling company operating a 20-kilotonnes-per-year plant in Ostend that converts plastic waste into circular feedstocks for food- and cosmetics-contact packaging, using BlueAlp's proprietary technology and positioned for the EU PPWR.
- Company typePrivate
- Founded-
- HeadquartersOostende, Belgium
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What RENASCI does
Renasci is a Belgian chemical recycling company headquartered in Ostend (Oostende), Belgium, operating a 20-kilotonnes-per-year scale-up plant that converts plastic waste into circular feedstocks suitable for contact-sensitive applications such as food and cosmetics packaging. The company's core offering is a chemical recycling process that complements mechanical recycling by handling plastic waste streams that mechanical recycling cannot process into food-grade or cosmetics-grade output, with the facility explicitly designed to help packaging manufacturers prepare for the EU Packaging and Packaging Waste Regulation (PPWR) requirements expected in 2030.
The Ostend plant runs on BlueAlp's proprietary chemical recycling technology, originally engineered and constructed by BlueAlp, which continues to provide ongoing technical support and licensing. Until December 2025, the facility was majority-owned by Borealis; ownership has since transferred to Netherlands-based BlueAlp, with Renasci now operating as a wholly-owned subsidiary under BlueAlp's direct management. In parallel, Borealis acquired a 10% equity stake in BlueAlp, aligning the three parties around commercializing chemical recycling across Europe. The Renasci facility sits at Marie Curielaan 10, 8400 Oostende.
Renasci employs 11–50 people and operates as a B2B industrial supplier, distributing circular feedstocks directly to packaging manufacturers via the Borealis and BlueAlp partnership network. Revenue mechanics, pricing, and customer concentration are not publicly disclosed. The company's strategic significance is concentrated in its regulatory alignment with EU PPWR and its embedded position within the BlueAlp–Borealis plastics value-chain ecosystem rather than in any standalone go-to-market or pricing model.
RENASCI firmographics
Firmographics- Name
- RENASCI
- Legal name
- Renasci
- Website
- https://renasci.be
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Renasci is a Belgian chemical recycling company operating a 20-kilotonnes-per-year plant in Ostend that converts plastic waste into circular feedstocks for food- and cosmetics-contact packaging, using BlueAlp's proprietary technology and positioned for the EU PPWR.
- Ownership category
- akta.pro rank
RENASCI industry classification
Industry- Product category
- Plastic Recycling / Circular Feedstock Production
- NAICS
- Materials Recovery Facilities (56292), Materials Recovery Facilities (562920)
- SIC
- Chemicals & Allied Products (2800)
- akta.pro primary industry
- Food-Grade & rPET/rHDPE Recycling (Decontamination/SSP, Bottle-to-Bottle) (EUAIAKAD)
- akta.pro secondary industries
- Recycled Resin Trading & Distribution (PCR/PIR Commodity Markets) (EUAIAKAK), Packaging Waste Sorting & Recycling Technologies (Mechanical/Chemical Recycling, Sorting Systems) (IMALAMAL)
Keywords
Where RENASCI is headquartered
LocationHeadquarters
- HQ city
- Oostende
- HQ country
- Belgium
- HQ region
- Europe
Offices1 record
Markets served
RENASCI business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Infrastructure, Technology or R&D, Supply Chain, Personnel
Distribution channels1 record
RENASCI product offering
Product offeringCore offering
RENASCI operates a 20-kiloton-per-year chemical recycling facility in Ostend, Belgium, that processes plastic waste into circular feedstock suitable for contact-sensitive applications such as food and cosmetics packaging. The facility uses BlueAlp's proprietary chemical recycling technology and is designed to help the value chain prepare for EU Packaging and Packaging Waste Regulation (PPWR) requirements expected in 2030.
Product overview
RENASCI operates as a chemical recycling company offering a single core product: its scale-up facility in Ostend, Belgium with 20 kilotonne-per-year capacity. The facility processes plastic waste using proprietary chemical recycling technology licensed from BlueAlp, producing circular feedstock suitable for food and cosmetics packaging applications. The company positions its offering within the circular economy value chain, enabling customers to meet EU Packaging and Packaging Waste Regulation requirements by 2030.
Differentiator
Problem solved
Functional benefit
Products and services
- Renasci Chemical Recycling Facility (Ostend, Belgium)
Quantifiable outcome
- Supports EU Packaging and Packaging Waste Regulation compliance by providing recycled materials for food and cosmetics packaging
Companies that use RENASCI
Customer profileSegments1 record
Ideal customer profiles1 record
RENASCI technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
RENASCI partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and minor.
- BlueAlpcoreBlueAlp acquired operational control of the Renasci 20-kiloton-per-year scale-up plant in Ostend, Belgium. Originally engineered and constructed by BlueAlp, the facility now operates under BlueAlp's direct management following the strategic partnership. BlueAlp provides ongoing technical support and licensing of its proprietary chemical recycling technology to Renasci.
- BorealisminorBorealis transferred its majority stake in Renasci to BlueAlp while acquiring a 10% equity stake in BlueAlp. The transaction allows Borealis to maintain exposure to chemical recycling through its BlueAlp investment while focusing on circular economy solutions. The partnership aims to accelerate chemical recycling commercialization across Europe.
Scale indicators2 records
Recent moves4 records
Expansion highlights4 records
RENASCI competitors and assessment
Company assessmentDirect peers
- Mura Technology: Developer of hydrothermal advanced-recycling technology converting plastic waste into feedstocks for new plastics production, building commercial-scale plants in the UK and internationally — direct technology and business-model peer.
- Plastic Energy: UK-headquartered chemical recycling company operating commercial plants that convert end-of-life plastics into feedstock for new plastics production — closely comparable to Renasci's chemical-recycling-into-circular-feedstock model.
- APK AG: Germany-based specialty company operating solvent-based chemical recycling (Newcycling) for polyolefins to produce recyclate for packaging applications — direct technology and end-market peer.
Broad incumbents
- OMV: European integrated chemicals and energy company operating ReOil pyrolysis-based chemical recycling of plastics into circular feedstocks at its Schwechat refinery; broad incumbent in advanced recycling with comparable circular-feedstock output.
- ExxonMobil: Integrated energy and chemicals company that has acquired advanced-recycling assets (including Quantafuel) and operates large-scale pyrolysis for circular feedstocks; broad incumbent in advanced recycling.
- SABIC: Global chemicals and petrochemicals major with TRUCIRCLE portfolio of certified circular polymers from chemical recycling of mixed plastic waste — broad incumbent operating at far larger scale across Europe.
- Eastman: Global specialty materials company with a major molecular recycling (chemical recycling) program producing food-contact-approved recycled content; broad incumbent with overlapping capability to produce circular feedstocks.
- LyondellBasell: Global polyolefins major with CirculenRecover and MoReTec catalytic advanced-recycling technology; broad incumbent whose circular-polymers portfolio overlaps with Renasci's feedstock-of-packaging play.
- INEOS: Major petrochemicals producer actively investing in chemical recycling and circular polymers (e.g., INEOS Styrolution's styrenics recycling); broad incumbent in the same European value chain.
- BASF: Global chemicals company with its ChemCycling program using pyrolysis of plastic waste to feed into cracker-based production; broad incumbent with overlapping chemical-recycling capability.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
RENASCI social profiles
Digital presenceRENASCI financial estimates
Financial estimateRevenue estimate
Valuation estimate
RENASCI leadership team
Management profileNumber of profiles
RENASCI funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
RENASCI M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about RENASCI
What does RENASCI do?
RENASCI operates a 20-kiloton-per-year chemical recycling facility in Ostend, Belgium, that processes plastic waste into circular feedstock suitable for contact-sensitive applications such as food and cosmetics packaging. The facility uses BlueAlp's proprietary chemical recycling technology and is designed to help the value chain prepare for EU Packaging and Packaging Waste Regulation (PPWR) requirements expected in 2030.
Is RENASCI a public or private company?
RENASCI is a private company. It is classified as corporate owned and is currently operating.
When was RENASCI founded?
RENASCI was founded in -1. It employs 11 to 50 people.
Where is RENASCI based?
RENASCI is headquartered in Oostende, Belgium, in the Europe region.
Who are RENASCI's main competitors?
Direct peers on record are Mura Technology, Plastic Energy and APK AG. Broad incumbents are OMV, ExxonMobil, SABIC, Eastman, LyondellBasell, INEOS and BASF.
Does RENASCI have an API?
No public API is recorded for RENASCI.
What industry is RENASCI in?
RENASCI's product category is Plastic Recycling / Circular Feedstock Production. Its primary akta.pro industry code is EUAIAKAD, Food-Grade & rPET/rHDPE Recycling (Decontamination/SSP, Bottle-to-Bottle), with a secondary code of EUAIAKAK, Recycled Resin Trading & Distribution (PCR/PIR Commodity Markets). Its NAICS code is 56292 and its SIC code is 2800.