LyondellBasell and KIRKBI have invested approximately €130 million in APK to support the development of its solvent-based recycling technology for low-density polyethylene.
Information on the Target
APK is a company that specializes in a unique solvent-based recycling technology for low-density polyethylene (LDPE). This innovative technology aims to recover high-quality recyclables from post-consumer plastic waste, thus contributing significantly to sustainability efforts in the plastics industry. By enhancing the recycling process, APK is positioned to play a critical role in addressing the increasing demand for recycled materials.
With its advanced recycling solutions, APK focuses on reducing plastic pollution and promoting the circular economy. The company's novel approach not only improves recycling rates but also offers opportunities for the effective reuse of plastics in various applications, aligning with global sustainability goals.
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Industry Overview in Germany
The recycling industry in Germany is one of the most advanced in the world, driven by stringent environmental regulations and a strong market demand for recycled materials. Germany is recognized for its successful waste management and re
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LyondellBasell and KIRKBI A/S
invested in
APK
in 2023
in a Growth Equity & Expansion Capital deal
Disclosed details
Transaction Size: $141M