LyondellBasell Strengthens Sustainability Portfolio Through Full Acquisition of APK AG
- LyondellBasell fully acquires APK AG to strengthen its sustainability portfolio.
- The acquisition is intended to promote the production of environmentally friendly polyethylene solutions.
Eulerpool News·
LyondellBasell has sharpened its strategic focus on sustainability with the complete acquisition of APK AG in Merseburg, Germany. The integration of APK supports LYB’s commitment to remaining a leader in environmentally conscious chemical solutions. With this acquisition, the company plans to further develop APK’s unique solvent-based technology to produce low-density polyethylene. The expanded technology portfolio enables LyondellBasell to produce high-purity materials, particularly applicable in flexible packaging for personal care products. These innovations reflect the increasing demands of customers and brand manufacturers and underscore LYB’s commitment to environmentally friendly and innovative solutions. With the integration of APK, LYB focuses on the future prospects for the expansion and dissemination of these groundbreaking materials – further evidence of its innovative strength in the global competition of the chemical industry. Modern Financial Markets Data
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