LyondellBasell to Acquire APK AG Recycling Technology
August 22, 2024
LyondellBasell (LYB) announced it has agreed to acquire full ownership of APK AG, based in Merseburg, Germany, to expand its circular and low-carbon recycling technology portfolio. The transaction covers existing assets and planned growth projects, and LYB intends to integrate APK’s solvent-based recycling technology with its existing mechanical and advanced recycling operations.
- Buyers
- LyondellBasell (LYB)
- Targets
- APK AG
- Industry
- Industrial Services
- Location
- Saxony-Anhalt, Germany
- Transaction Type
- Buyout
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