Invest-NL and Myne Collaborate to Enhance Plastic Recycling in the Netherlands
Amsterdam, Wednesday, 11 June 2025.
On June 11, 2025, Invest-NL and Myne Holding launched a key partnership to advance Magnetic Density Separation (MDS) technology, aiming to revolutionize plastic recycling and bolster the Dutch circular economy.
Strategic Investment in MDS Technology
Invest-NL, alongside Myne Holding, has focused on advancing the Magnetic Density Separation (MDS) technology, originally associated with Umincorp, to enhance plastic recycling. This endeavor underscores the importance of a circular economy in the Netherlands, ensuring that cutting-edge recycling technologies are not only developed but also maintained and enhanced. By investing EUR 3 million, both parties aim to leverage the intellectual property and equipment inherited from Umincorp’s portfolio. Emma den Held, an investment manager at Invest-NL, emphasized that this collaboration is crucial for crafting a sustainable business model for the future [1].
Implications for the Dutch Circular Economy
This collaboration represents a strategic move towards sustaining Dutch innovation in high-quality recycling. By safeguarding this technology, valuable knowledge and expertise can be preserved, particularly as the market conditions for plastic recycling continue to evolve. Martijn van de Poll from Myne articulated that integrating Umincorp’s technologies could establish Myne as a leading figure in circular raw materials, reinforcing the ambition to scale up technological advancements and embrace larger capacity operations in future years [1].
Future Prospects and Challenges
Anticipating a substantial increase in demand for recycled plastics following 2030 regulations mandating recycled content in packaging, Myne plans to utilize the MDS technology in conjunction with its existing MDX technology to process metal-plastic combinations. The strategic use of these technologies is expected to fortify Myne’s broader goal of expanding circular raw materials and pioneering forward-looking recycling solutions. This concerted investment and innovation effort highlights the essential role of technological advancement in achieving environmental sustainability and addressing the pressing concerns of plastic waste [1].