LyondellBasell invests in Dutch recycler

For undisclosed amount, the LyondellBasell 1:00 pm, polypropylene (PP) and holder in polyethylene (PE), acquired 50% of corporate control of Dutch recycler Quality Circular Polymers. With this ticket in polymer recovery, petrochemistry headquartered in Houston, Texas, became a partner of the French Suez, centred on the management of water resources and sanitation services, in the recycling of polyolefins with installed capacity of about 35,000 t/a in Sittard-Geleen. The portfolio of Quality Circular Polymers includes other plant in the town of Chemelot, which glimpsed conditions to be expanded until your ability to reach 100,000 t/a, as was reported, the transaction must be approved by regulatory agencies of the Netherlands until the end of the year and was justified by the LyondellBasell spokesman with the company's engagement in circular economy.