# LyondellBasell and Suez jointly acquire plastics recycler Tivaco

LyondellBasell Industries and Suez jointly purchased plastics recycling firm Tivaco, which will be folded into their joint venture Quality Circular Polymers (QCP). The acquisition adds capacity, boosting QCP's total to 55,000 metric tons per year.

- Type: Acquisition
- Announced: 2020-12-17
- Where: Blandain, Belgium, Belgium
- Status: completed
- Capacity: 55,000 metric tons per year (combined QCP capacity)
- Products: recycled polyolefins
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Suez](https://endata.com/companies/1259.md) (acquirer)
- [LyondellBasell Industries NV](https://endata.com/companies/21448.md) (acquirer)
- [Tivaco](https://endata.com/companies/51676.md) (target)

## Sources

- [cen.acs.org](https://cen.acs.org/environment/recycling/LyondellBasell-Suez-buy-plastics-recycler/98/i48), 2020-12-17: "The addition boosts QCP's capacity to 55,000 metric tons per year."

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