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MOL Group acquires Aurora to enter recycled plastic compounding
MOL Group has signed a sales-purchase agreement to acquire Aurora, a recycled plastic compounder with production plants in Baden-Württemberg, Germany, to extend its petrochemical portfolio with higher value-added products.
Capacity
15,000 tonnes/year
Productsrecycled plastic compoundsengineering plasticspolypropylene recyclate-based compounds
“This partnership will enable us to grow and add value to our petrochemical business as well as to increase our footprint in the automotive supplier market.”molgroupchemicals.com
- 3 sources
- molgroupchemicals.comMolgroup - ChemicalsApr 15, 2019
- plasticsandrubberasia.cnUBE acquires majority share in compounder Repsol; MOL buys German recycled plastics maker | PRA-Plastics and Rubber Asia China Industry Newshuan yanApr 16, 2019
- resource-recycling.comVirgin plastics producer acquires recycled compounder - Resource RecyclingJared PabenMay 1, 2019
Summarized from public sources; check the original articles before acting on it.
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