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HB Grandi and Norðanfiskur embark on an environmentally friendly journey with Íslenska Gámafélagið and Samskip

The companies signed a declaration of intent today for the recycling and export of EPS (expanded polystyrene).

The project is based on an EPS compactor located in Kistan, the waste sorting station of HB Grandi in Akranes. The company runs its own waste sorting stations in all three of the company’s operating units, in Reykjavík, Akranes and Vopnafjörður. The compactor reduces the volume of the fish boxes by around 95%, making it possible to export the plastic for recycling overseas.

During an environmental exposition in Munich in Germany last spring, HB Grandi, together with Íslenska Gámafélagið, met up with a Chinese company that was interested in purchasing all the EPS produced by the company’s operations. Through the collaboration of HB Grandi, Norðanfiskur, Íslenska Gámafélagið and Samskip, the first container, weighing 7 tonnes, of compacted EPS will be shipped to Malaysia today where it will be used to manufacture products such as picture and mirror frames.

This project will lay the foundations of realistic solutions to recycle waste and create value. The goal of all these companies is to be a leader in environmental matters.

This is one of the many environmentally friendly projects that have been ongoing within HB Grandi. HB Grandi’s second sustainability report was issued on 29 March in Icelandic, and is expected to be published in English in the coming weeks, and will further discuss the export of EPS and numerous other environmental and community-related projects. There are many issues that need to be addressed in this respect, and it is important to be aware of interesting opportunities that can reduce the carbon footprint of companies.

The goal of Íslenska Gámafélagið is to be a leader in the field of environmental protection as regards waste collection, recycling and reuse. The company offers smart software solutions that make it easier for companies and public bodies to become eco-friendly and use electricity in their operations in real time for all registrations of waste and the recycling of raw materials.

Samskip has set itself clear policies in environmental issues, not only in accordance with the company’s socially responsible operating practices, but also by using the company’s business model to take that extra step in excess of what social requirements demand.

Samskip and HB Grandi are members of Festa – Icelandic Centre for Corporate Social Responsibility. In addition, Samskip is one of the founders of the Wetlands Fund. In addition, one of the company’s focal points in environmental issues is combined transport.