# Stein Fibers acquires Banyan Plastics

Stein Fibers LLC, a global supplier of sustainable fiber and polymer solutions, acquired Banyan Plastics LLC, a distributor of recycled materials, to accelerate growth in the sustainable polymers market.

- Type: Acquisition
- Announced: 2024-05-30
- Where: Albany, New York, United States
- Status: completed
- Products: recycled PET, sustainable polymer solutions
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Stein Fibers](https://endata.com/companies/54004.md) (acquirer)
- [Banyan Plastics LLC](https://endata.com/companies/77769.md) (target)

## Sources

- [textileworld.com](https://www.textileworld.com/textile-world/fiber-world/2024/05/stein-fibers-llc-announces-acquisition-of-banyan-plastics-llc/), 2024-05-31: "Stein Fibers LLC, a global supplier of sustainable fiber and polymer solutions, has acquired Banyan Plastics LLC, a distributor of recycled materials."

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