LyondellBasell, a Dutch-domiciled multinational chemical company, and Suez, a French-based utility company, agreed to acquire TIVACO, a plastics recycling company located in Blandain, Belgium. Financial terms were not disclosed. "We are thrilled to take a step forward with our long-term partner LyondellBasell. With the new acquisition, we will together speed up the use of quality circular polymers in Europe and support industrial manufacturers' efforts to reach their environmental targets. It also confirms SUEZ's ambition to become the world leader in environmental services by 2030," Jean-Marc Boursier, Suez Group COO.