H&S completes set-up of a recycling plant for end-of-life mattresses

H&S Anlagentechnik GmbH has successfully completed commissioning of an industrial-scale reactor plant for RetourMatras, a Dutch recycling company specialized in dismantling of mattresses and their transformation into circular resources. The newly installed recycling plant uses an advanced depolymerization recycling technology to produce high-quality recycled polyol (Repolyol) from polyurethane foam (PU) from end-of-life mattresses.

Polyol is one of the key building blocks of polyurethane foam, the main cushioning material in mattresses. Its recovery without compromising on its quality enables its reuse as a circular raw material for the production of new PU foam and thus for new mattresses and other upholstered furniture — a significant step to circularity. “The H&S process allows us to chemically recycle different foam from various mattress manufacturers, supporting our ambition to secure that no mattress goes to waste by transforming it into circular resources,” emphasizes Chico van Hemert, Managing Director at RetourMatras. Commissioning took place in May 2023 in Lelystad (NL) allowing the newly built recycling plant to convert PU foam from 200,000 mattresses into repolyols annually using the cutting-edge recycling technology of H&S.

Recently, RetourMatras also partnered with IKEA Retail to find a circular solution for their end-of-life mattresses in line with IKEA’s approach to products made from recycled or renewable materials. In Europe, an estimated 40 million mattresses are disposed of every year. Compared to incineration, the recycling of discarded mattresses can help to recover materials for reuse and thus keep them in the loop. To counter the amount of waste and significantly reduce landfill and incineration streams, the European Union is aiming to recycle 65% of municipal waste by 2030. “By converting PU waste from end-of-life mattresses into high-quality recovered polyols suitable for use in new PU products, our innovative recycling technology can make a valuable contribution to achieving this ambitious goal of the EU waste regulation,” explains Mila Skokova, Deputy Managing Director Sales at H&S. “That’s why we are very pleased that more and more companies are interested in the recovery of polyols and therefore are looking for sustainable PU recycling solutions.”

Tempur Sealy Sells $1.6 Billion Loan for Mattress Firm Purchase

A group of banks led by Wells Fargo & Co. sold a $1.6 billion leveraged loan to help fund Tempur Sealy International Inc.’s proposed acquisition of Mattress Firm Group Inc. that the Federal Trade Commission is seeking to block. According to Bloomberg, the seven-year loan priced at 99.5 cents on the dollar with a margin 2.5 percentage points above the Secured Overnight Financing Rate, a person familiar with the matter who asked not to be identified as they’re not authorized to speak publicly. The margin for the deal, launched in late September, was set at the wide end of price talk.

The FTC sued in July to prevent Tempur Sealy, the world’s biggest mattress maker, from buying America’s biggest mattress retailer. Its complaint alleges a combined entity would have the ability and incentive to suppress competition and raise prices for millions of customers. Tempur Sealy last week said it plans to sell more than 100 of the companies’ stores.

Other firms have tapped the debt markets while acquisition completions were uncertain. Kroger Co. sold $10.5 billion of notes in August as its proposed purchase of Alberstons Cos. is being objected to in courts by the FTC, among others.

Bosnia’s Revolante to build 4 mln euro mattress factory

Bosnia and Herzegovina-based company Revolante doo will invest 8 million marka ($4.6 million/4.1 million euro) in the construction of a new factory for the production of mattresses in Cazin, the municipal government said. The factory facilities will cover 5,000 square meters and initially employ 50 workers, the city of Cazin said in a social media post recently. Revolante has signed a contract to purchase land for the factory from the city for 110,400 marka. The plant will be located in the Ratkovac business zone.

ISPF is an industry body which promotes importance of sleep and role of mattress for a Indian consumers. ISPF plays very important role in connecting Indian bedding industry ecosystem. ISPF also acts as bridge between India and international players.