# PKN ORLEN acquires LDPE business from Basell Orlen Polyolefins

PKN ORLEN has finalized the acquisition of a part of Basell Orlen Polyolefins, specializing in the production and sale of low-density polyethylene (LDPE). The transaction was approved by antitrust authorities in Poland and the Netherlands.

- Type: Acquisition
- Announced: 2023-01-04
- Where: Poland, Poland
- Status: completed
- Capacity: 100,000 tonnes per year
- Products: low-density polyethylene (LDPE)
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [PKN ORLEN](https://endata.com/companies/23370.md) (acquirer)
- [Basell Orlen Polyolefins](https://endata.com/companies/23371.md) (target)

## Sources

- [ceenergynews.com](https://ceenergynews.com/oil-gas/orlen-secures-new-petrochemical-assets-advancing-circular-economy-efforts/), 2023-01-10: "Keeping a close eye on the market environment, we can see that demand for petrochemical products is growing strongly across the globe."
- [euro-petrole.com](https://www.euro-petrole.com/pkn-orlen-closes-acquisition-of-petrochemical-assets-n-i-24982), 2023-04-01: "The acquisition we have just completed is opening up such opportunities."

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