# 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%.

- Type: Acquisition
- Announced: 2017-12-04
- Where: Netherlands
- Status: announced
- Capacity: 35,000 metric tons per year
- Products: recycled polypropylene, recycled polyethylene
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Suez](https://endata.com/companies/1259.md) (partner)
- [LyondellBasell Industries NV](https://endata.com/companies/21448.md) (acquirer)
- [Quality Circular Polymers](https://endata.com/companies/28395.md) (target)

## Sources

- [cen.acs.org](https://cen.acs.org/articles/95/i48/LyondellBasell-recycle-plastics.html), 2017-12-04: "LyondellBasell, which will market the QCP plastics, says it expects demand for recycled materials to rise as the circular economy grows in prominence."

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