Home Latest News & Insights LYONDELLBASELL ACQUIRES MEPOL GROUP

LYONDELLBASELL ACQUIRES MEPOL GROUP

March 15, 2023
M&A Puzzle

LyondellBasell acquires Mepol Group. The company announced its decision to acquire Mepol Group, bolstering circular economy initiatives.

The acquisition encompasses Mepol’s establishments in Poland and Italy, producing recycled and polymer compounds for diverse industries.

LyondellBasell’s executive, Torkel Rhenman, emphasized dedication to sustainable practices and improved products such as CirculenRecover.

Mepol’s CEO, Mirco Melato, embraced the partnership, noting common sustainability objectives and better capabilities to meet customer demands.

Completion of the transaction relies on regulatory consent and other standard closing prerequisites.

LyondellBasell persists in spearheading circular, eco-friendly solutions and broadening recycling infrastructure globally.

LyondellBasell is a multinational chemical company that produces plastics, including polypropylene (PP), chemicals, and refining products.