# LyondellBasell to acquire APK AG recycling technology

LyondellBasell (LYB) has entered into an agreement to acquire full ownership of APK AG in Merseburg, Germany, which holds solvent-based recycling technology for LDPE. The acquisition expands LYB's circular and low-carbon solutions business.

- Type: Acquisition
- Announced: 2024-08-22
- Where: Merseburg, Germany, Germany
- Status: announced
- Products: recycled polymers, solvent-based recycling technology
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [LyondellBasell](https://endata.com/companies/1444.md) (acquirer)
- [APK](https://endata.com/companies/43781.md) (target)

## Sources

- [lyondellbasell.com](https://www.lyondellbasell.com/en/who-we-are/updates-events/corporate--financial-news/lyb-to-acquire-apk-ag-recycling-technology/), 2024-08-22: "We see APK's solvent based recycling technology as a vital addition and complementary to our existing and future mechanical and advanced recycling operations."
- [waste360.com](https://www.waste360.com/mergers-acquisitions/lyondellbasell-acquires-apk-ag), 2024-08-22: "We see APK's solvent based recycling technology as a vital addition and complementary to our existing and future mechanical and advanced recycling operations."
- [uticie.com](https://uticie.com/kl-gates-advises-apk-ag-on-investor-agreement-with-lyondellbasell/), 2024-09-01: "LYB, a leading company in the global chemical industry, pictures APK’s physical, solvent-based recycling technology as an important addition to its existing and future mechanical and advanced recycling processes."
- [canplastics.com](https://www.canplastics.com/recycling/lyondellbasell-buying-recycling-technology-developer-apk-ag/1003464762/), 2024-09-02: "LYB will integrate APK’s solvent-based recycling technology with its existing mechanical and advanced recycling operations."

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