# 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.

- Type: Acquisition
- Announced: 2019-04-15
- Where: Baden-Württemberg, Germany, Germany
- Status: announced
- Capacity: 15,000 tonnes/year
- Products: recycled plastic compounds, engineering plastics, polypropylene recyclate-based compounds
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [MOL](https://endata.com/companies/9821.md) (acquirer)
- [Aurora](https://endata.com/companies/38715.md) (target)

## Sources

- [molgroupchemicals.com](https://molgroupchemicals.com/en/news/press-releases/mol-group-enters-into-recycled-plastic-compounding-by-acquiring-aurora-group), 2019-04-15: "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."
- [plasticsandrubberasia.cn](https://www.plasticsandrubberasia.cn/en/news/mas/), 2019-04-16: "Hungary’s MOL Group says it has entered into recycled plastic compounding by acquiring family-run Aurora Group, which has production plants located nearby automotive manufacturing and plastics conversion clusters in Baden-Württemberg, Germany."
- [resource-recycling.com](https://resource-recycling.com/plastics/2019/05/01/virgin-plastics-producer-acquires-recycled-compounder/), 2019-05-01: "The Hungarian energy giant has agreed to acquire Aurora, which produces engineering plastics and recycled PP-based compounds."

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