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SCGC acquires 60% stake in Dutch recycling company Kras · Endata

◂ Announcements

Jan 20, 2023ACQUISITIONVolendam, Netherlands, Netherlands

SCGC acquires 60% stake in Dutch recycling company Kras

SCG Chemicals Public Company Limited (SCGC) signed a deal to acquire a 60% stake in Recycling Holding Volendam BV (Kras), a Dutch waste management and recycling company, through its subsidiary SCG Chemicals Trading (Singapore) Pte. Ltd. The acquisition aims to penetrate the European recycled polymer market.

Status

Announced

Capacity

160,000 tonnes of plastic waste per year

Productsrecycled polymersplastic waste collection and sorting

CompaniesSCG Chemicals acquirer Recycling Holding Volendam target Recycling Holding Volendam BV (Kras) target

Sectors#Plastics and Polymers

“SCGC aims to grow the sales of SCGC GREEN POLYMER™ portfolio to one million tonnes per year by 2030.”scgnewschannel.com

3 sources
scgnewschannel.comSCGC Acquires Kras, Major Dutch Recycling Business ...Jan 20, 2023
thaipr.netSCGC Acquires Kras, Major Dutch Recycling Business With Fully Integrated Recycling Business Chain, Penetrates EU Market with Green Polymer | ThaiPR.NETJan 20, 2023
thestorythailand.comSCGC acquires Kras, major Dutch recycling businessThe Story ThailandJan 21, 2023

Summarized from public sources; check the original articles before acting on it.

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