Ingka Group invests in China’s Re-mall

The funding will expand recycling capacity and support new product development.

Ingka Investments, the investment arm of Ingka Group, has invested in Re-mall, a Shanghai-based recycler of post-consumer packaging waste. This is Ingka’s first circular economy investment in China.

Re-mall uses proprietary technology to produce transparent recycled polypropylene (rPP) from food packaging waste at scale.

Its materials are used in products such as storage boxes, tableware, toys, cosmetics packaging, and textiles for major global brands.

Re-mall, headquartered in Shanghai with a production base in Jiangxi province, benefits from access to major plastic waste streams in the Yangtze River Delta and Pearl River Delta regions.

The new funding will help expand its recycling capacity and develop additional high-quality recycled products, addressing industry challenges such as contamination, quality degradation, high processing costs, and fluctuating demand.

Ingka said the move aligns with its goal of supporting the transition to a circular economy by investing in technologies that prevent waste and increase recycled material supply.