LyondellBasell entered into a definitive agreement to purchase a 50% stake in Quality Circular Polymers (QCP), a plastics recycling company in the Netherlands, becoming a 50/50 partner with SUEZ. The deal value was not disclosed.
LyondellBasell Industries plans to purchase a 50% stake in Quality Circular Polymers (QCP), a Dutch plastics recycler with capacity of 35,000 metric tons per year. Suez will own the remaining 50%.
SUEZ and LyondellBasell signed a joint venture agreement to become 50/50 partners in Quality Circular Polymers (QCP), a plastics recovery company near Maastricht, Netherlands, to produce high-quality circular polymers from plastic waste.
LyondellBasell entered a definitive agreement to purchase a 50% stake in Quality Circular Polymers (QCP), a plastics recycling company in Sittard-Geleen, Netherlands, becoming a 50/50 partner with SUEZ. The facility can produce 35,000 tons of PP and HDPE per year starting in 2018.