# Plastipak acquires assets of plastics recycler Evolve Polymers in Hemswell Cliff, UK

Plastipak Packaging completed the acquisition of the business assets of Evolve Polymers Ltd. from Aurelius at its Hemswell Cliff site in the UK, which can process 6 to 9 billion PET bottles a year. The business began operating immediately under Plastipak's ownership.

- Type: Acquisition
- Announced: 2016-11-02
- Where: Hemswell Cliff, United Kingdom
- Status: completed
- Capacity: 6 billion to 9 billion PET bottles per year
- Products: PET flake, PET pellets, polypropylene flake, polyethylene flake, recycled plastic resin
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Plastipak Packaging](https://endata.com/companies/248.md) (acquirer)
- [Evolve Polymers](https://endata.com/companies/249.md) (target)
- [Aurelius](https://endata.com/companies/250.md) (partner)

## Sources

- [recyclingtoday.com](https://www.recyclingtoday.com/news/plastipak-buys-evolve-polymers/), 2016-11-03: "The business will begin operating immediately under Plastipak's ownership."
- [letsrecycle.com](https://www.letsrecycle.com/news/evolve-polymers-sale-was-pre-pack-arrangement/), 2016-11-04: "The 150,000 tonnes-per-year capacity PET plastic bottle recycling facility at Hemswell, Lincolnshire, is now trading under the name Clean Tech Europe."

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