LyondellBasell closes acquisition of plastics recycler APK
LyondellBasell (LYB) announced it closed the full acquisition of Germany-based plastics recycler APK on Oct. 17. The acquisition negotiations were first announced at the end of August. APK entered insolvency self-administration procedures in May 2024 and had since been looking for new investors. The economic situation of the Merseburg-based company deteriorated during a period when its investors […]