con-pearl GmbH

con-pearl’s value-added process begins with the extraction of the raw material at the company’s own recycling plants in Leinefelde and Hillscheid (formerly Recyplast GmbH, acquired in 2021). This process involves obtaining plastic granulate from post-industrial polypropylene and polyethylene waste. The granulate is either processed to meet customer-specific requirements and sold directly as a high-quality recyclate or it is used in internal production at the main plant. Later on in the value chain, con-pearl specialises in the production of thermally laminated lightweight boards made of polypropylene foil layers. The potential applications in the two main customer industries are diverse: in the automotive industry, the lightweight boards are used in van flooring, head liner covers and floors of luggage areas in vans and buses. For the logistics industry, con-pearl develops and manufactures individual reusable packaging for transportation and storage.

Key facts

Company headquarters

Geismar [Thuringia]

Managing directors

Stefan Hoedt,
Ulrich Blessing

Revenue in 2021

EUR 58.9 million

Employees (31 Dec. 2021)

272 (incl. trainees)

Established

1990 (last change of name in 2019)

Joined portfolio

2019

Shareholding in %

100

Additional locations

Leinefelde (Thuringia)

Hillscheid  (Rhineland-Palatinate)

Greenville  (USA)

Segment

Plastics

Strategic projects

Blue Cap AG offers the company support with the following projects:

  • Strategic further development with a focus on individual system solutions with and without the inclusion of circular economy services
  • Expansion of sales activities
  • Testing of the use of renewable energies at the Geismar and Leinefelde sites
  • Acquisition and integration of Recyplast GmbH and expansion of the recycling site

Managing
directors

Stefan Hoedt has been responsible for the company’s activities within Blue Cap since the start of 2020. Mr Hoedt has more than 25 years of experience in the plastics processing industry, having worked on projects both in Germany and internationally for the automotive and plant engineering sectors. Mr Hoedt joined the company in 2012 and his first task was establishing the subsidiary CPNA in the US. In 2015 he took on responsibility for production and technology at the con-pearl GmbH sites, and from 2016 managed the restructuring of the plants and the company’s concentration on core products as technical director.

“con-pearl creates technically high-performance foils and lightweight boards with a wide range of applications. With our deep value chain, we live our mission of ensuring sustainability and a circular economy. In concrete terms, this means going from recycled granulate, which we produce ourselves, to customer-specific industrial applications – and then back to the granulate again.”

Stefan Hoedt
Managing director

Hello, my name is Lisa Marie Schraml

Investor Relations & Corporate Communications


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