# 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.

- Type: Acquisition
- Announced: 2023-01-20
- Where: Volendam, Netherlands, Netherlands
- Status: announced
- Capacity: 160,000 tonnes of plastic waste per year
- Products: recycled polymers, plastic 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)
- [Recycling Holding Volendam](https://endata.com/companies/67999.md) (target)
- [Recycling Holding Volendam BV (Kras)](https://endata.com/companies/68012.md) (target)

## Sources

- [scgnewschannel.com](https://www.scgnewschannel.com/en/scg-news/scgc-acquires-kras-major-dutch-recycling-business-with-fully-integrated-recycling-business-chain-penetrates-eu-market-with-green-polymer/), 2023-01-20: "SCGC aims to grow the sales of SCGC GREEN POLYMER™ portfolio to one million tonnes per year by 2030."
- [thaipr.net](https://www.thaipr.net/en/business_en/3293467), 2023-01-20: "SCGC aims to grow the sales of SCGC GREEN POLYMER™ portfolio to one million tonnes per year by 2030."
- [thestorythailand.com](https://www.thestorythailand.com/en/scgc-acquires-kras-major-dutch-recycling-business-to-penetrates-eu-market-with-green-polymer/), 2023-01-21: "SCGC aims to grow the sales of SCGC GREEN POLYMER™ portfolio to one million tonnes per year by 2030."

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