20.02.2024 14:17:40 - dpa-AFX: LyondellBasell Announces Acquisition Of Mechanical Recycling Assets From PreZero
WASHINGTON (dpa-AFX) - LyondellBasell (LYB) has acquired mechanical
recycling assets and properties containing rigid plastics recycling processing
lines from PreZero, a recycling leader and waste management service provider.
The transaction includes leasing the processing facility in Jurupa Valley,
Calif.
LyondellBasell plans to operate its newly-acquired mechanical recycling plant to
manufacture post-consumer recycled resins using plastic waste feedstock. The
company will offer these recycled polymers under its CirculenRecover brand. The
company plans to commence operations at new facility in 2025.
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