EuroKey Recycling Ltd

What EuroKey Recycling Ltd does

EuroKey Recycling Ltd is a UK-based specialist plastic reprocessing company serving major supermarkets, retailers, and grocery businesses with closed-loop recycling services. Founded in the early 1990s and operating for over 30 years, the company runs the UK's first dedicated supermarket sorting line — a 75,000 sq ft facility in Kettering, Northamptonshire equipped with state-of-the-art automated infrared and robotic sortation capable of processing up to 70,000 tonnes per year of multi-polymer plastic packaging (PET, HDPE, LDPE), with films and flexible plastics that were previously segregated by hand. A second £20m, 138,000 sq ft facility in Corby — expected fully operational in H2 2026 — will add 38,000 tonnes/year of pelletisation capacity, taking combined throughput to ~108,000 tonnes/year. The company also operates a wholly-owned sorting and grading facility in Goleniow, Poland, servicing European retail customers.

Eurokey's commercial model centres on transaction-fee processing of plastic waste collected from retail operations, supplemented by trading of recyclable commodities (including export of cardboard) and access to baling, compacting, and reverse-vending equipment via Reconomy Group sister companies EcoTec and EcoVend. Go-to-market is direct enterprise sales to large UK grocers, with named anchor relationships including Tesco (closed-loop rigid tray recycling with Faerch, 2,000 tonnes/year) and Sainsbury's. End-to-end traceability — real-time monitoring of weights, contamination, and collection data — supports pEPR compliance reporting for packaging-producer customers. The company became a wholly-owned subsidiary of Reconomy Group in March 2021 and now forms a key brand within Reconomy's Recycle Loop, with all major capex funded corporately by the parent. Headcount stands at 90+ expert colleagues, expanding to ~150+ once the Corby facility ramps.

Name

EuroKey Recycling Ltd

Legal name

Eurokey Recycling Limited

Website

https://eurokeyrecycling.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

101–250 employees

Short description

EuroKey Recycling Ltd is a UK plastic reprocessing specialist serving major supermarkets and retailers with closed-loop recycling. Operating the UK's first dedicated supermarket sorting line in Kettering (70,000 tonnes/year), with a new £20m Corby pelletisation plant adding 38,000 tonnes/year from H2 2026. A subsidiary of Reconomy Group.

Ownership category

akta.pro rank

Product category

Plastic Recycling Services

NAICS

Materials Recovery Facilities (56292), Recyclable Material Merchant Wholesalers (42393)

SIC

Refuse Systems (4953)

akta.pro primary industry

Packaging Waste Sorting & Recycling Technologies (Mechanical/Chemical Recycling, Sorting Systems) (IMALAMAL)

akta.pro secondary industries

Plastic Recycling Equipment & Technology Providers (Sorting, Washing, Extrusion) (EUAIAKAM), Film & Flexible Plastics Recycling (LDPE/LLDPE, Multilayer) (EUAIAKAE), Rigid Plastics Recycling (HDPE/PP, Injection/Blow Molded) (EUAIAKAF), Recycled Resin Trading & Distribution (PCR/PIR Commodity Markets) (EUAIAKAK), Recycling Equipment & Turnkey Reprocessing Systems (Extruders, Wash Lines) (IMANAMAI)

Keywords

• Plastic recycling services
• Closed-loop recycling
• Polymer sortation
• Waste management solutions
• Recycling facility operations

Headquarters

HQ city

Leicester

HQ country

United Kingdom

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Supply Chain, Technology or R&D

Revenue model

1. Plastic Recycling Processing Services: Eurokey provides closed-loop plastic recycling services to supermarkets and retailers, processing plastic materials through sorting and pelletisation. Revenue is generated through service fees for processing plastic waste materials collected from retail operations.
2. Recyclable Materials Trading: Eurokey trades recyclable commodities at scale, including being a major exporter of cardboard. Materials are bought from retail, distribution, and grocery businesses and sold to end markets.
3. Recycling Equipment Services: Through sister companies EcoTec and EcoVend, Eurokey provides access to baling, compacting equipment, and reverse vending machines as part of the Reconomy Group network.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

EuroKey Recycling Ltd provides closed-loop plastic recycling services to UK supermarkets and retailers, including collection, multi-polymer sortation, and reprocessing with end-to-end traceability. The company operates the UK's first dedicated supermarket sorting line at its Kettering facility, processing PET, HDPE, and LDPE plastics into high-grade material for new product manufacturing. It also offers recycling equipment access and compliance/traceability services through its Reconomy Group sister companies.

Product overview

Eurokey Recycling Ltd is a specialist waste processing services provider focused on plastics and other recyclable materials, operating a platform-plus-facilities model. The core offering consists of Closed-Loop Plastic Recycling — an end-to-end service providing collection, sortation, and reprocessing with full traceability — supplemented by Recyclable Sortation using state-of-the-art infrared and robotic sorting technology. Additional services include Recycling Equipment access via sister companies within Reconomy Group. Eurokey operates two key UK facilities: the Kettering Sorting Facility (opened 2022, £15m investment, 70,000 tonnes/year capacity) and the Corby Pelletisation Facility (operational H2 2026, £20m investment, 38,000 tonnes/year capacity), alongside a wholly-owned facility in Goleniow, Poland. The company also recently invested over £5m in the Poland facility to service its European client base.

Differentiator

Problem solved

Functional benefit

Products and services

• Closed-loop Plastic Recycling End-to-end service providing collection, sortation, and reprocessing of plastic packaging with full traceability, enabling supermarkets and retailers to close the loop on plastic waste by converting back-of-store packaging into new products.
• Recyclable Sortation Bespoke sortation service using state-of-the-art automated infrared and robotic sorting lines to separate multi-polymer plastic packaging (PET, HDPE, LDPE) into consistent, high-quality grades for reprocessing.
• Recycling Equipment Access to a suite of tech-led recycling equipment services including baling, compacting, plant and equipment hire, and EcoVend reverse vending machines, delivered through Reconomy Group sister companies EcoTec and EcoVend.
• Compliance & Traceability Real-time monitoring of collection data, contamination levels and weights, providing customers with maximum visibility of their material for compliance and pEPR reporting purposes.
• Kettering Sorting Facility State-of-the-art reprocessing facility in Kettering, Northamptonshire - the UK's first dedicated supermarket sorting line with fully automated infrared and robotic sorting lines, capable of processing up to 70,000 tonnes of plastic per year.
• Corby Pelletisation Facility One of the UK's largest dedicated plastic recycling plants in Corby, Northamptonshire - a 138,000 sq ft facility that receives sorted plastic from Kettering and recycles it into plastic pellets for supermarket packaging, with annual capacity of 38,000 tonnes.
• Poland Facility (Goleniow) Wholly-owned facility in Goleniow, Poland that receives and sorts materials into graded bales for European customers, supporting material reprocessing requirements across Europe.

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• FaerchcoreStrategic or Co-development Partner · 7 October 2022Eurokey partnered with sustainable food packaging manufacturer Faerch to provide a closed-loop solution for Tesco's used back-of-store rigid trays. Eurokey collects and processes materials which are then baled and transported to Faerch's tray recycling facility in the Netherlands for flaking and washing before supply to manufacturing sites across Europe.

Scale indicators13 records

Recent moves10 records

Expansion highlights6 records

Others

• Reconomy Group: Reconomy Group is Eurokey's parent company and an international circular-economy specialist offering total waste management, equipment, and reprocessing. It is comparable as the overarching platform of which Eurokey is a key asset, and shares customer relationships across the Recycle Loop.
• Faerch: Faerch is a sustainable food-packaging manufacturer and Eurokey's existing closed-loop partner (Tesco rigid tray recycling). It is included as a peer because it both supplies demand for recycled content and operates its own tray recycling facility in the Netherlands, making it a partner/competitor at the packaging-producer tier.
• Berry Global (bpi.recycled products): Berry Global, through bpi.recycled products, operates UK and European plastic recycling facilities producing PCR for packaging applications. It is comparable as a vertically integrated packaging-and-recycling peer competing for similar retail and packaging-producer volumes.

Broad incumbents

• Veolia UK: Veolia is one of the UK's largest waste management and recycling operators, providing collection, sorting, and reprocessing services across multiple waste streams. It competes with Eurokey for supermarket, retailer, and packaging-producer recycling contracts, although its portfolio is far broader than Eurokey's plastic-focused operation.
• Suez Recycling and Recovery UK: Suez operates UK recycling and recovery infrastructure, including MRFs and plastics processing. It overlaps with Eurokey in supermarket and retail plastic recycling services as part of a wider environmental services portfolio.
• Biffa: Biffa is a major UK integrated waste management business with collection, MRF operations, and recycling services. It competes with Eurokey for commercial and retail recycling volume, including plastics, though its core strength is in solid waste collection rather than supermarket-grade plastic sortation.

Emerging players

• Plastic Energy: Plastic Energy operates chemical/advanced recycling (pyrolysis) for hard-to-recycle plastics including films and multilayers. It competes for the same end customers (brands, retailers) seeking circular solutions, representing the chemical-recycling alternative to Eurokey's mechanical sortation approach.
• Centriforce Products: Centriforce is a UK recycler producing recycled plastic products and materials from post-consumer and post-industrial streams. It is comparable to Eurokey as a UK plastic recycler, though it is smaller and more focused on downstream converted products than on supermarket-grade sortation.

Direct peers

• Jayplas: Jayplas is a UK-focused plastic recycler operating facilities that process post-consumer and post-industrial plastics into reusable raw materials. It is one of Eurokey's closest direct competitors in UK plastic reprocessing for retail and packaging customers.
• Renewi: Renewi operates materials recovery facilities and plastic recycling operations across the UK and Europe, producing recycled polymers and bales for end markets. It directly competes with Eurokey in multi-polymer plastic sortation and reprocessing for retail and packaging customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks1 record

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/eurokey-recycling-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EuroKey Recycling Ltd