# PTT Global Chemical and Alpla form joint venture Envicco for plastics recycling plant in Thailand

The European Commission approved the acquisition of Envicco Limited by PTT Global Chemical and Alpla, creating Envicco to produce recycled plastics from post-consumer packaging at a site in Rayong province, Thailand. The first packaging waste recycling plant is planned to launch in late 2021.

- Type: Acquisition
- Announced: 2020-03-02
- Where: Rayong province, Thailand, Thailand
- Status: announced
- Capacity: 30,000 tons per year
- Products: recycled plastics
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [PTT Global Chemical](https://endata.com/companies/813.md) (acquirer)
- [ALPLA](https://endata.com/companies/889.md) (acquirer)
- [ENVICCO Limited](https://endata.com/companies/41850.md) (target)
- [Dynachem (Hong Kong)](https://endata.com/companies/46543.md) (target)
- [Dynachisso Thai](https://endata.com/companies/46544.md) (target)

## Sources

- [extrusion-info.com](https://www.extrusion-info.com/news/2224), 2020-03-02: "The first packaging waste recycling plant on the production site in Thailand is planned to be launched in late 2021."
- [dynachisso.com](https://www.dynachisso.com/content/4577/gc-joins-with-dynachem), 2020-04-14: "Both parties expect to finalize the deal in the third quarter of 2020."

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