# LyondellBasell acquires plastics recycling firm APK

LyondellBasell Industries increased its stake in German plastics recycling firm APK to full ownership. APK's solvent-based technology for recycling low-density polyethylene complements LyondellBasell's existing recycling technologies. APK had entered bankruptcy at the end of May.

- Type: Acquisition
- Announced: 2024-08-29
- Where: Germany
- Status: completed
- Products: recycled low-density polyethylene, solvent-based recycling technology
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [LyondellBasell Industries NV](https://endata.com/companies/21448.md) (acquirer)
- [APK](https://endata.com/companies/43781.md) (target)

## Sources

- [cendevredesign.acs.org](https://cendevredesign.acs.org/materials/polymers/LyondellBasell-buys-plastics-recycling-technology/102/i27), 2024-08-29: "LyondellBasell Industries will increase its stake in the German plastics recycling firm APK to full ownership."

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