Announced
Completed
Financials
Sources
Tags
Germany
plastic waste sourcing
Environmental / Waste Management
Acquisition
Cross Border
Minority
Private
Completed
Friendly
Single Bidder
Synopsis
LyondellBasell, a multinational chemical company, completed the investment in Source One, a plastic waste sourcing and engineering company. Financial terms were not disclosed. "We are committed to support the growing demand of our customers for circular solutions. With the investment in Source One we are taking another important step to secure access to plastic waste for our recycling activities and to strengthen our Circulen product portfolio of material made from recyclable or renewable resources," Yvonne van der Laan, LyondellBasell Executive Vice President, Circular and Low Carbon Solutions.
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