# LyondellBasell acquires 50% stake in Dutch plastic recycler Stiphout Industries

LyondellBasell acquired a 50 percent stake in Stiphout Industries B.V., a Montfort, Netherlands plastic packaging waste processor, announced on 19 July 2023. The stake supports its QCP recycling assets in Belgium and the Netherlands.

- Type: Acquisition
- Announced: 2023-07-19
- Where: Montfort, Netherlands
- Status: completed
- Products: recycled PP flakes, recycled HDPE flakes, post-consumer plastic packaging waste
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [LyondellBasell](https://endata.com/companies/1444.md) (acquirer)
- [Stiphout Industries](https://endata.com/companies/10848.md) (target)

## Sources

- [plasticsnews.com](https://www.plasticsnews.com/news/lyondellbasell-acquires-stake-dutch-recycler-stiphout-industries), 2023-07-26: "LyondellBasell announced 19 July that it had acquired a 50 percent stake in Stiphout Industries B.V."

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