# Orinko Advanced Plastics acquires 70% of Italian compounder Omikron

Chinese plastics firm Orinko Advanced Plastics signed an agreement to acquire 70% of Italy-based Omikron, a polypropylene compounds producer with 40,000 tonnes/year capacity. The deal marks Orinko's entry into the European automotive plastics market.

- Type: Acquisition
- Announced: 2025-12-29
- Where: near Turin, Italy
- Status: announced
- Capacity: 40,000 tonnes per year
- Products: polypropylene-based compounds
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Orinko Advanced Plastics Co., Ltd.](https://endata.com/companies/86783.md) (acquirer)
- [Omikron](https://endata.com/companies/89372.md) (target)

## Sources

- [polimericanews.com](https://www.polimericanews.com/articolo.asp?id=623), 2025-12-29: "This partnership represents an excellent opportunity to consolidate and exponentially grow our presence in the European automotive sector."
- [bioplasticsportal.com](https://bioplasticsportal.com/news/2026-01-09-orinko-advanced-plastics-acquires-70--stake-in-omikron/), 2026-01-09: "This partnership marks a definitive milestone in our mission to lead the transition toward sustainable plastics."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.