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Aliplast (Hera Group), through its Polish subsidiary Aliplast Polska, signed a binding agreement to acquire 70% of Kronos Polymer Polska, a new company formed by spin-off from Kronos Polymer. The acquisition includes a polyethylene recycling plant in Gniew, Poland, with a capacity of 12,000 tonnes per year.
Hera Group, through its subsidiary, acquired a 70% stake in Kronos Polymer Polska to strengthen its leadership in plastics regeneration.