LyondellBasell to Acquire Full Ownership of APK AG in Merseburg, Germany to Enhance Circular and Low Carbon Solutions Business
Acquiring Company
LyondellBasell
Acquired Company
APK
HoustonManufacturingManufacturingDescription
LyondellBasell has entered into an agreement to acquire full ownership of APK AG in Merseburg, Germany. The acquisition is aimed at expanding LYB's Circular and Low Carbon Solutions business. By integrating APK's unique solvent-based recycling technology and expertise, LYB is taking a significant step towards reaching its sustainability goals, particularly in increasing the recycling of hard-to-recycle flexible plastic waste materials.
Quick answer
LyondellBasell is acquiring APK, announced August 22, 2024. LyondellBasell is based in Houston, Texas, United States.
- How much did LyondellBasell pay for APK?
- The deal value was not disclosed.
- What does LyondellBasell do?
- LyondellBasell Industries N.V. is one of the world's largest plastics, chemicals, and refining companies.
- Where are LyondellBasell and APK based?
- LyondellBasell is based in Houston, Texas, United States.
- Who are the decision-makers at LyondellBasell?
- Fundz holds 1 contact at LyondellBasell. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired APK?
APK was acquired by LyondellBasell, based in Houston. The deal was reported on August 22, 2024. LyondellBasell Industries N.V. is one of the world's largest plastics, chemicals, and refining companies. LyondellBasell is publicly traded (LYB) and operates in Manufacturing.
When did LyondellBasell acquire APK?
LyondellBasell's acquisition of APK was reported on August 22, 2024. LyondellBasell has entered into an agreement to acquire full ownership of APK AG in Merseburg, Germany. The acquisition is aimed at expanding LYB's Circular and Low Carbon Solutions business. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does APK do?
APK AG Recycling Technology is a leading technology provider for the development and operation of innovative recycling processes for plastics and composite materials. It is privately held, operating in Manufacturing.
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