# Borealis acquires 50.01% majority stake in chemical recycler Renasci

Borealis has acquired a majority stake of 50.01% in Renasci, a chemical recycling provider in Ostend, to secure access to chemically recycled feedstock. Borealis had held a 10% stake since July 2021.

- Type: Acquisition
- Announced: 2023-01-12
- Where: Ostend, Belgium
- Status: completed
- Products: chemically recycled feedstock, Borcycle C recycling solutions
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Borealis](https://endata.com/companies/242.md) (acquirer)
- [Renasci](https://endata.com/companies/10111.md) (target)

## Sources

- [packagingeurope.com](https://packagingeurope.com/news/borealis-backs-chemical-recycling-with-acquisition-of-majority-stake-in-renasci/9264.article), 2023-01-12: "Borealis has acquired a majority stake in Renasci, a provider of chemical recycling solutions and the creator of the Smart Chain Processing (SCP) concept."

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