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Recupero Etico Sostenibile S.p.A ( (IT:RES) ) has issued an update.
RES S.p.A. has signed a long-term strategic agreement with Shell Chemicals Europe B.V. to sell pyrolysis oil produced at its innovative plastic recycling plant in Pettoranello del Molise. This plant, the first of its kind in Italy, will significantly enhance RES’s market position by supporting the circular economy through advanced chemical recycling processes. The collaboration with Shell, a global leader, is expected to generate over 20 million euros in annual revenue and solidify RES’s role as a pioneer in sustainable waste management solutions.
More about Recupero Etico Sostenibile S.p.A
RES S.p.A. is a company operating in the Circular Economy and environmental sustainability sector for over 30 years. It is listed on the Euronext Growth Milan market and specializes in waste management processes, including the selection, treatment, and transformation of waste into reusable production raw materials. The company is based in the province of Isernia, Italy, and focuses on technological research to improve environmental performance.
YTD Price Performance: -36.84%
Average Trading Volume: 3,512
Technical Sentiment Consensus Rating: Buy
For an in-depth examination of RES stock, go to TipRanks’ Stock Analysis page.
