# Itelyum acquires significant stake in Plasta Rei for chemical PET recycling

Itelyum acquired a significant stake in Plasta Rei to become a major producer of chemically recycled PET. They are building a plant in Cisterna di Latina to recycle post-consumer food packaging PET into 100% recycled PET granules.

- Type: Acquisition
- Announced: 2024-03-05
- Where: Cisterna di Latina, Italy
- Status: announced
- Products: chemically recycled PET granules
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Itelyum](https://endata.com/companies/75599.md) (acquirer)
- [Plasta Rei](https://endata.com/companies/76061.md) (target)

## Sources

- [quotidiano.net](https://www.quotidiano.net/speciali/distretti/itelyum-entra-nel-riciclo-con-quote-in-plasta-rei-4b21245e), 2024-03-05: "Con l’acquisizione di una quota significativa di Plasta Rei, Itelyum si posiziona come importante produttore di PET riciclato chimicamente."

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