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LyondellBasell to buy 50% stake in Quality Circular Polymers · Endata

◂ Announcements

Dec 4, 2017ACQUISITIONNetherlands

LyondellBasell to buy 50% stake in Quality Circular Polymers

LyondellBasell Industries plans to purchase a 50% stake in Quality Circular Polymers (QCP), a Dutch plastics recycler with capacity of 35,000 metric tons per year. Suez will own the remaining 50%.

Status

Announced

Capacity

35,000 metric tons per year

Productsrecycled polypropylenerecycled polyethylene

CompaniesSuez partner LyondellBasell Industries NV acquirer Quality Circular Polymers target

Sectors#Plastics and Polymers

“LyondellBasell, which will market the QCP plastics, says it expects demand for recycled materials to rise as the circular economy grows in prominence.”cen.acs.org

1 source
cen.acs.orgLyondellBasell to recycle plasticsMarc S. ReischDec 4, 2017

Summarized from public sources; check the original articles before acting on it.

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