# SCGC acquires 60% stake in Kras Recycling

SCG Chemicals (SCGC) acquired a 60% majority stake in Kras Recycling B.V., a Dutch waste collector and plastics recycler. The partnership aims to integrate recycling value chains and support SCGC's Green Polymer growth pillar.

- Type: Acquisition
- Announced: 2022-11-11
- Where: Volendam, Netherlands
- Status: completed
- Products: recycled plastics, waste collection and sorting
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [SCG Chemicals](https://endata.com/companies/7171.md) (acquirer)
- [Kras Recycling](https://endata.com/companies/66689.md) (target)

## Sources

- [kras-recycling.com](https://www.kras-recycling.com/en/news/kras-and-scgc/), 2022-11-16: "Kras Recycling B.V. in Volendam announced on Friday November 11th that it will sell 60% of its shares to SCG Chemicals or SCGC."

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