The establishment of Freepoint Eco-Systems' office in Düsseldorf follows the company's entrance in the European market, including the recent announcements of a long-term concession agreement with North Sea Port to begin the development of Freepoint's flagship European advanced recycling facility in Ghent, Belgium, where the facility anticipates diverting an annual 80,000 metric tons of waste plastic from incineration and recycling it for reuse in new plastic products and packaging. Freepoint Eco-Systems has also initiated an intended cooperation with Renewi to develop a waste plastic sorting and treatment infrastructure to support the large-scale operations at the Belgium recycling facility. The opening of Freepoint Eco-Systems' new office in Düsseldorf marks another significant milestone in the company's growth path as a leader in the circular economy for plastics within Europe and across the globe.