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LyondellBasell and 23 Oaks Investments formed a joint venture, Source One Plastics, to build an advanced plastic waste sorting and recycling facility in Germany. The facility will process plastic packaging waste from approximately 1.3 million German citizens per year.
“We are taking an important first step into the upstream side of the business to secure access to plastic waste that we will convert into new plastic materials at our advanced recycling plants.”lyondellbasell.com
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