The next big step

Asturias, April 24, 2024

Dear friends,

It seems like yesterday, but it has already been 9 years since we began our adventure in the recycling sector with this incredible project known as Polynext. I remember when we chose the name, we had in mind the ambitious goal of developing a new generation of recycled polymers especially focused on the emerging industry. An industry concerned about the environmental impact of its activity, seeking sustainable materials formulated from waste without compromising the quality of the final product.

That’s why we chose the word NEXT for our name, as a statement of intent to do something different that would contribute to advancing our firm commitment to contribute to the growth and development of a global circular economy model. Our mission then was to develop the next generation of sustainable polymers from post-consumer plastic recycling. This remains our mission today, and will continue to be in the future, as our vision and focus have evolved with experience but not changed.

I am very proud to be part of this great team where we have managed to process more than 50,000 tons of waste, manufacture over 45,000 tons of new polymers, develop more than 30 formulations for different applications and processes, and participate in numerous cutting-edge research projects. Precisely because of all this, we have managed to develop our own specialized know-how in plastic waste recycling and the formulation of new recycled materials that allows us to offer our materials to different plastic processors regardless of the type of process, application, or sector.

Today, we are more than 50 people forming this wonderful team, united under the idea of turning waste from some into resources for others. We could not have achieved this without the effort, passion, and involvement of each and every person who is part of this project and who has successfully overcome the countless technical obstacles and barriers that have appeared over these years.

Today, I have the immense pleasure of sharing with all of you very special news that marks the next big step in our journey. Recently, we have joined NAECO GROUP, forming a new business group consisting of different independent divisions. This evolution will allow us to increase the visibility of our brand, access broader resources, improve our management system, and consolidate a team of more than 150 people and an international customer service network, which will allow us to offer a better, higher-quality, and more efficient service.

As of April 24, 2024, we want to write a new chapter in our history by operating under the Naeco brand, to form a new division dedicated to waste recycling and the production of recycled polymers known as NAECO RECYCLING. This change will be fully effective from today, where our legal name will change to Naeco Recycling S.L. for all necessary administrative purposes, bringing an end to a process of integration and transformation that we have been working on for the past year.

I want to take this opportunity to thank all of you on behalf of our entire team for all the moments we have experienced over these years, hoping to continue working together towards our goal of building a better world for future generations.

Thank you very much.

Together with you!

Antón Fernández Gutiérrez CEO
CEO
NAECO GROUP

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