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Waste: record results in 2022 for Paprec


Paprec has taken advantage of its partnership with TotalEnergies, marking its entry into the energy sector.

Paprec, the French leader in waste treatment, announced record results for 2022 on Wednesday, with a turnover up 20% driven by its historic recycling businesses and its growth in energies.

Turnover reached 2.5 billion euros last year, indicates the company, which had crossed the two billion mark in 2021 and is aiming for three billion in 2023.

The company run by the Petithuguenin family generated a gross operating surplus (Ebitda) of 400 million euros.

Present in 10 countries, Paprec will have collected 15 million tons of waste last year, treated in its 300 sites or factories.

In France, the company is building five new selective collection sorting plants.

With one million tonnes sorted, Paprec manages the recyclable waste of one in four French people.

Read alsoPaprec reaps the benefits of its diversification into energy

13,000 employees

The group also announced in mid-March the launch of the first French chemical recycling sector for plastic films, in partnership with TotalEnergies.

It is continuing its metal acquisitions, reaching management of one million tonnes of scrap and metals by 2023.

Founded in 1994, Paprec now employs 13,000 people and has increased its international ambitions.

Among its services is a growing offer in low-carbon energies linked to waste recovery.

The company is building, for example, two CSR (solid recovered fuel) units in Poland, an energy recovery unit in Thailand and has just delivered a plant in the United Arab Emirates.

The group responds to calls for tenders, particularly in the United Kingdom, Spain, Asia and the Middle East, “

where it intends to develop strongly

”, he indicates.

In France, Paprec entered the energy sector five years ago and created the Paprec Energies entity in 2022. Among its projects is in Ile-de-France, for Syctom, the design of a plant that aims to be a "

European showcase

" for the methanisation of bio-waste and which will produce fertilizers and biogas.

Paprec is also presenting a project with EDF to replace coal with biomass at the Cordemais power plant (Loire-Atlantique).

Source: lefigaro

All business articles on 2023-03-29

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