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LyondellBasell acquired a 25% equity ownership in Cyclyx, the joint venture between Agilyx and ExxonMobil, to accelerate US plastics circularity infrastructure.
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.
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.
LyondellBasell and Nexus Circular signed a long-term contract for Nexus to supply about 24,000 tons per year of advanced recycled feedstock, produced at a new advanced recycling facility that will begin construction in 2023.
LyondellBasell signed a definite long-term contract with Nexus Circular for about 24,000 tons of advanced recycled feedstock per year, produced at Nexus's new facility, for use at LyondellBasell's Channelview, Texas plant.
Suez and LyondellBasell signed an agreement establishing a joint venture to produce high-quality circular polymers from recycled plastic.
LyondellBasell broke ground on its first commercial Hyperzone polyethylene plant at its La Porte, Texas complex. The plant will produce 500,000 metric tons of HDPE annually and is planned to start up in 2019.
