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Plastics and Polymersworld trade 2024+3.9% 5Y CAGR

May 1, 2023ACQUISITIONBelgium and the Netherlands, Belgium

LyondellBasell buys Veolia's 50% stake in QCP plastics recycling JV

LyondellBasell agreed to acquire Veolia Belgium's 50% share in Quality Circular Polymers, becoming sole owner of the plastic recycling joint venture with facilities in Belgium and the Netherlands.

Status

Announced

Capacity

at least two million metric tons of recycled and renewable-based polymers (company goal)

Productsrecycled polymer blendsCirculenRecover polymers

CompaniesLyondellBasell acquirer Veolia Belgium partner

Sectors#Plastics and Polymers

“LyondellBasell has entered into agreement to acquire the remaining stake in Quality Circular Polymers (QCP)”packaging-gateway.com

1 source
packaging-gateway.comLyondellBasell agrees to buy Veolia’s share in joint venture QCPMay 1, 2023

Summarized from public sources; check the original articles before acting on it.

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