# Borealis to acquire Italian polypropylene recycler Rialti

Borealis Group has signed an agreement to acquire Rialti S.p.A., an Italian polypropylene compounder and recycler based in Varese, Italy. Rialti has an annual capacity of 50,000 tonnes and specializes in mechanically recycled PP feedstock.

- Type: Acquisition
- Announced: 2023-07-10
- Where: Varese, Italy
- Status: announced
- Capacity: 50,000 tonnes per year
- Products: polypropylene compounds, recycled PP feedstock
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Borealis](https://endata.com/companies/242.md) (acquirer)
- [Borealis](https://endata.com/companies/242.md) (target)
- [OMV S.p.A.](https://endata.com/companies/1004.md) (investor)
- [Abu Dhabi National Oil Company](https://endata.com/companies/5511.md) (investor)
- [Borouge](https://endata.com/companies/8678.md) (target)
- [Rialti S.p.A.](https://endata.com/companies/71343.md) (target)

## Sources

- [chemengonline.com](https://www.chemengonline.com/borealis-to-acquire-italian-polypropylene-recycler-rialti/), 2023-07-10: "The addition of Rialti to our portfolio will expand our circular offering and strengthen our ability to serve our customers in meeting their sustainability ambitions."
- [ecoplasticsinpackaging.com](https://ecoplasticsinpackaging.com/resins-raw-materials/adnoc-and-omv-in-talks-over-borealis-and-borouge-merger/), 2023-07-18: "The new combined entity would have potential sales of more than $20 billion per year, and the merger would be in line with ADNOC’s strategy to diversify its business beyond core oil and gas portfolios."

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