LyondellBasell completed the acquisition of a 50% stake in Rodepa Vastgoed BV.

LyondellBasell, a global chemical industry solutions company, completed the acquisition of a 50% stake in Rodepa Vastgoed BV, the holding company of De Paauw Sustainable Resources. Financial terms were not disclosed. “With a great team of driven employees, we have steadily built our business over the years by responsibly and carefully finding new use for used plastics. I greatly appreciate the cooperation we had with ING CI. I am proud that LyondellBasell is participating in our company and that we are now joining forces to recycle even more plastic waste into high-quality raw material," Roy de Paauw, DPSR CEO.