100% of Cosea Ambiente goes to the Hera Group
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100% of Cosea Ambiente goes to the Hera Group
The multi-utility has consolidated its leadership in the waste management area by acquiring the entire shareholding of the company operating in waste management, owned by 20 Municipalities in the Tuscan-Emilian Apennine area.

The Hera Group has been definitively awarded the tender for purchasing 100% of the shares of Cosea Ambiente S.p.A., a company managing urban and similar waste services owned by 20 Municipalities in the Tuscan-Emilian Apennine area (15 in the province of Bologna, already Hera Group shareholders, and 5 in the province of Pistoia). The documents involved were signed today, 9 May 2019.
The tender was accompanied by a ten-year concession for the Cosea Consorzio's Ca' dei Ladri landfill, in the Municipality of Gaggio Montano, also covering assets and resources involved in its operation. The concession, also dated today, was stipulated between Herambiente and Cosea Consorzio. The 18 Municipalities owning Cosea Consorzio are also shareholders in Cosea Ambiente, even while holding different percentages in the two companies, with the exception of two Municipalities with no shareholding.
Thanks to this acquisition, the Hera Group will be able to manage its waste management services in an increasingly synergic way across the entire Province of Bologna. These services will be integrated with the others already offered in the Apennine area (mainly water and gas), guaranteeing at the same time that the personnel currently employed is maintained. As for the Municipalities previously served by Cosea Ambiente, they will benefit from the scale economies ensuing from an advanced industrial approach in service management and fully meet the goals set by the regional law on recycling and recovery. Further benefits will also come from the multi-utility's many infrastructures, which already guarantee a high level of environmental performance in the areas served by Hera (selection, disposal and biomethane production plants, etc.). Additionally, the Hera Group will invest in currently existing infrastructures and activities over the next few months.
This operation is to be counted alongside the acquisitions made in previous years of Treviso's Aliplast and Geo Nova and Tuscany's Waste Recycling and Teseco, finding its place along the Hera Group's path of growth and the consequent enlargement of its scope of operations, as pursued for a number of years. It furthermore allows the multi-utility to consolidate to a greater degree its national leadership in the waste management sector, in which it serves 3.3 million citizens in over 170 Municipalities and manages all types of waste, thanks to roughly 90 plants that bring together efficiency, competitiveness in costs and the sustainability dictated by the principles of a circular economy.
"This transaction represents another milestone in the ongoing enlargement of our activities in waste management, with the aim of optimising resources and processes, extracting synergies and creating value for the areas served and for all our stakeholders", comments Tomaso Tommasi di Vignano, Executive Chairman of the Hera Group. "All of this allows us to offer quality services and increasingly integrated solutions to citizens and industrial customers, bringing reliability together with sustainability in the collection and treatment of any type of waste."
Romano Franchi, Chairman of Consorzio Cosea's Shareholders Meeting, has stated that "All shareholder municipalities have resolved in favour of this operation. There are a number of reasons for this: it allows us to safeguard the system's economic sustainability and to guarantee employment through a local presence, while at the same time reaching regulatory aims. We are leaving Hera a healthy system, confident that the Group will be able to further improve it."
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The facility can process up to 30,000 tonnes of polymers per year and produce flakes of a quality comparable to that of virgin raw material. €48.8 million has been invested, including €7.7 million from Italy’s NRRP funds, to develop a state-of-the-art facility designed to anticipate the growing demand for secondary raw materials driven by recent EU regulations.
Aliplast, a Hera Group subsidiary and one of Italy’s leading companies in plastics collection, recycling and regeneration, inaugurated its rigid plastics recycling plant in Modena this morning. The official opening of R3GID (Recover Recycle Regenerate Plastic), attended by Gilberto Pichetto Fratin, Italy’s Minister of the Environment and Energy Security, makes Hera one of the first multiutilities in Europe to operate a facility equipped to meet the growing demand for recycled plastics expected in the short to medium term under new EU regulations, including the Packaging and Packaging Waste Regulation (PPWR) and the End-of-Life Vehicles (ELV) Regulation.
Construction of Aliplast’s recycling plant began in 2024. Already operational for several months, the facility will employ 80 people at full capacity. It is among the most innovative plants in its sector in Europe and can process up to 30,000 tonnes of high-quality recycled polymers annually, with properties comparable to virgin materials derived from fossil feedstocks and a certified purity level of over 99%.
With an investment totalling €48.8 million, including €7.7 million in direct funding from Italy’s National Recovery and Resilience Plan (NRRP), Hera Group is providing Italian industry with a facility capable of recycling rigid plastic waste from both municipal and industrial sources. This includes sectors such as automotive, cosmetics, home and personal care, consumer electronics and furniture, which generate materials that are generally not recyclable and would therefore be sent for energy recovery or to landfill. At the Modena plant, Aliplast instead regenerates this waste into high-quality, traceable and certified polymers produced in Italy. These can be reused by the same industries to manufacture a wide range of products, including plastic components for televisions, computers and household appliances, make-up containers, tanks and bumpers, and garden furniture.
“R3GID is a clear example of how Italy can anticipate the challenges posed by new European regulations, from the PPWR to the ELV Regulation, and turn them into opportunities for industrial growth,” said Gilberto Pichetto Fratin, Minister of the Environment and Energy Security. “This plant combines Italian technology, an entirely Italian supply chain and a certified, traceable product with quality comparable to virgin raw materials. Producing secondary raw materials locally means strengthening the country’s competitiveness, reducing dependence on foreign markets and making our supply chains more secure, even in the face of geopolitical tensions and price volatility. Facilities such as this benefit the country as a whole.”
“Europe faces a structural gap in recycling: capacity is stagnant or declining, while new regulations will increase demand for recycled plastics with quality equivalent to virgin polymers,” said Orazio Iacono, Chief Executive Officer of Hera Group. “The figures speak for themselves. Europe currently has plastics recycling capacity of 13.5 million tonnes, but only 3.5 million tonnes for rigid plastics, including approximately 440,000 tonnes. By 2040, an additional 5.7 million tonnes2 of recycled rigid plastics will be needed: a substantial gap. R3GID is our response as a first mover. It provides Italian manufacturers with high-quality, locally produced materials, reducing import costs and ensuring security of supply. There is also a benefit for the country: Italy pays the European Union around €800 million each year in Plastic Tax on non-recycled plastic packaging, while the Modena plant alone could generate savings of approximately €24 million if its entire output were used for packaging.”
Hera Group developed the plant using best available technologies. NEXTCHEM, a MAIRE Group company, participated in the project as a technology partner, providing its proprietary NX Replast™ technology, an advanced solution for plastics upcycling. More broadly, the plant’s equipment and technologies enable the production of high-purity recycled polymers and compounds designed to replace virgin fossil-based materials in high-value-added applications. They also enable the development of tailor-made materials to meet specific functional, mechanical, aesthetic and regulatory requirements, expanding the potential uses of recycled plastics even in the most demanding market segments.
The circular economy on a single site
R3GID is located at Hera Group’s industrial hub on Via Cavazza in Modena, which already houses a waste-to-energy plant and a wastewater treatment plant. These existing facilities have enabled the creation of a circular system with Aliplast’s new plant: treated water supplies the rigid plastics recycling process before returning to the wastewater treatment plant, while electricity generated by the waste-to-energy plant powers the new business activities.
This reduces energy costs, which, even before the energy crisis, accounted for around 30% of production costs in Italy’s recycling sector, excluding raw materials. The plant also avoids approximately 30,000 tonnes of CO₂ equivalent emissions compared with production from virgin plastics, on a like-for-like production cycle basis.
Aliplast doubles its capacity
The Modena plant, the expansion of the facility in Borgolavezzaro (Novara) dedicated to low-density polyethylene (LDPE) recycling, and the acquisition of a 70% stake in Kronos Polymer Polska, also an LDPE specialist and expected to complete by the end of 2026, will enable Aliplast to double its recycling capacity and increase its operational flexibility. Annual capacity for high-quality secondary plastic raw materials will exceed 210,000 tonnes, with total production capacity reaching 255,000 tonnes per year.
The Modena investment forms part of the €2 billion allocated to the circular economy under the Group’s 2025–2029 Business Plan, out of total planned investment of €5.5 billion.
Innovation combining sustainability and competitiveness
This morning’s inauguration of Aliplast’s Modena plant provided an opportunity to discuss the future of plastics recycling, focusing on innovation and sustainability. Following institutional addresses by Massimo Mezzetti, Mayor of Modena, Michele de Pascale, President of the Emilia-Romagna Region, and Minister Gilberto Pichetto Fratin, Hera Group CEO Orazio Iacono outlined the plant’s role within the Group’s strategy. Andrea Ramonda, CEO of Herambiente, presented R3GID’s key features, while Michele Petrone, CEO of Aliplast, opened the morning’s proceedings.
The event continued with a roundtable moderated by Francesca Gambarini, a journalist at L’Economia, Corriere della Sera, bringing together representatives from industry and research: Paolo Accastello, Stellantis Manufacturing – Vehicle Area Manager Italy & Poland; Luigi De Nardo, Head of the “Giulio Natta” Department of Chemistry, Materials and Chemical Engineering at Politecnico di Milano; Fabrizio Di Amato, Chairman and Founder of MAIRE Group; Antonino Furfari, Managing Director of Plastics Recyclers Europe (PRE); Paolo Goi, Global Innovation, Research & Quality Director at Davines; Maurizio Mezzelani, Head of R&D at Fratelli Guzzini; and Simone Targetti Ferri, Sustainability Officer at L’Oréal Italia. Following the ribbon-cutting ceremony, the morning concluded with a guided tour of the plant.
The European plastics recycling landscape and regulatory developments
The Packaging and Packaging Waste Regulation (PPWR), adopted by European countries in 2025, will require an additional 5.7 million tonnes of recycling capacity for rigid HDPE and PP plastics across Europe by 2040 compared with current levels. Of this, 2 million tonnes will need to be available by 2030 to meet increasing regulatory requirements for recycled content in packaging. The End-of-Life Vehicles (ELV) Regulation, approved in June 2026, will also contribute to demand. It introduces minimum recycled plastic content requirements for new vehicles of 15% from 2032 and 25% from 2036, with at least 20% of that recycled content required to come from end-of-life vehicles. As the ELV Regulation applies only to new models placed on the market, its full impact on the entire vehicle fleet is not expected before 2042. By that date, 1.2 million tonnes of post-consumer recycled plastics will be required.