LyondellBasell to acquire full ownership of QCP recycling facilities

LyondellBasell has signed an agreement to buy Veolia Belgium's 50% stake in Quality Circular Polymers (QCP) BV, making LyondellBasell the sole owner of the mechanical recycling facilities in Belgium and the Netherlands.

“Full ownership of QCP supports our goal to produce and market at least 2 million metric tons of recycled and renewable-based polymers.”lyondellbasell.com

• 2 sources
• lyondellbasell.comLyondellBasell and Veolia restructure their plastics recycling joint venture QCPApr 28, 2023
• accessnewswire.comLyondellBasell and Veolia Restructure Their Plastics Recycling Joint Venture QCPLyondellBasellMay 16, 2023

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