Everbio commits €40 million to expand circular polymer production in Portugal

Everbio S.A. is investing €40 million to expand its Portalegre, Portugal, innovation hub with new circular polymer manufacturing capacity, backed by €11.8 million in grants and a €3.9 million tax incentive. The project is designed to scale recycled and bio-based materials for packaging makers across the European Union as demand for recyclability and recycled content rises.

Why it matters: - The Portalegre expansion adds industrial capacity for recycled and bio-based polymer materials at a time when EU packaging rules are pushing brands toward higher recyclability and recycled content. - The project is meant to help packaging converters and brand owners meet PPWR targets without sacrificing product performance. - The investment also pushes laboratory-developed circular technologies into full-scale industrial production.

What happened: - Everbio S.A., a wholly owned subsidiary of Evertis Ibérica, announced Project Everbio, a €40 million industrial investment in Portalegre, Portugal. - The project expands the Everbio Innovation Hub with new circular polymer manufacturing capabilities. - The Portuguese State recognized the project as being of special interest to the national economy. - The project is supported by an €11.8 million non-refundable financial incentive and a €3.9 million fiscal incentive contracted through AICEP under the COMPETE 2030 Productive Innovation scheme.

The details: - The expansion adds capacity for PET-based packaging films, advanced multilayer recycling and specialty copolyester resins. - The investment scales technologies already developed at the Everbio Innovation Hub. - The perPETuity® delamination process is the best-known industrial technology moving through the hub. - The project will expand the Group’s ability to convert complex waste streams into higher-value circular raw materials. - The hub brings together Evertis, Renascis, Selenis and Renewis. - Evertis focuses on PET-based packaging films. - Renascis runs pre-existing PET recycling operations in Portalegre. - Selenis produces specialty copolyester resins. - Renewis covers renewable energy. - The hub also houses the Group’s R&D program on circular polymer innovation.

Between the lines: - The investment signals a shift from pilot-scale circular materials work to industrial-scale manufacturing. - IMG Group is positioning Portalegre as a global center for circular polymer development, not just a local production site. - The incentives lower the financial burden of scaling new industrial capacity and suggest public support for the project’s strategic value. - Manuel Matos Gil, president of IMG Group, framed the project as proof that circular materials at industrial scale are already viable.

What's next: - The expanded hub is expected to increase output of circular raw materials for customers across the European Union. - The new capacity should support future compliance needs as packaging regulations tighten. - IMG Group is expected to continue scaling technologies developed inside the Everbio Innovation Hub.

The bottom line: - Everbio is turning Portalegre into a larger industrial base for circular polymers, with public incentives helping move recycled and bio-based materials from innovation to production.