LyondellBasell Bolsters Recycling Capabilities with APK AG Acquisition

LyondellBasell, a leading global chemical company, has recently completed the acquisition of full ownership of APK AG, a solvent-based recycling company based in Merseburg, Germany. This strategic move enables LyondellBasell to enhance its competitive position in the recycling industry and further its commitment to sustainability.

APK AG's solvent-based recycling technology complements LyondellBasell's existing mechanical and advanced recycling operations. This technology allows for the recycling of hard-to-recycle flexible plastic waste materials, which currently constitute a significant portion of mixed consumer plastic waste. By integrating APK AG's technology into its portfolio, LyondellBasell can increase its ability to recycle and repurpose these materials, contributing to its goal of producing and marketing at least 2 million metric tons of recycled and renewable-based polymers annually by 2030.


The acquisition of APK AG not only strengthens LyondellBasell's recycling capabilities but also offers cost savings through the consolidation of operations with its existing infrastructure and resources. Additionally, the integration of APK AG's technology opens up new opportunities for LyondellBasell in the circular and low carbon solutions sector, allowing the company to explore synergies with its existing product portfolio and create new revenue streams.


In conclusion, LyondellBasell's acquisition of APK AG is a strategic move that enhances the company's competitive position in the recycling industry. By integrating APK AG's solvent-based recycling technology, LyondellBasell can increase its recycling capabilities, achieve cost savings, and explore new opportunities in the circular and low carbon solutions sector. This acquisition further solidifies LyondellBasell's commitment to sustainability and its goal of producing and marketing recycled and renewable-based polymers.