LYB completes acquisition of APK AG to expand solvent-based recycling technology
Acquiring Company
LyondellBasell
Acquired Company
APK
HoustonManufacturingManufacturingDescription
LyondellBasell (LYB) has become the full owner of APK AG in Merseburg, Germany, integrating APK into its operations as part of its sustainability efforts. This acquisition strengthens LYB's position in the circular economy and enables the production of new high-purity materials for various applications, supporting the company's goal to reduce plastic waste.
Quick answer
LyondellBasell is acquiring APK, announced October 18, 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 October 18, 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 October 18, 2024. LyondellBasell (LYB) has become the full owner of APK AG in Merseburg, Germany, integrating APK into its operations as part of its sustainability efforts. 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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