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LyondellBasell Industries is closing a polypropylene resin unit in Italy in a move that will remove more than a half billion pounds of annual production capacity from the market.
Materials maker LyondellBasell Industries saw sizable drops in sales and profit in the second quarter of 2023.
The acquired company, Stiphout Industries B.V., is active in the sourcing and processing of post-consumer plastic packaging waste.
LyondellBasell announced 19 July that it had acquired a 50% stake in Stiphout Industries B.V., a Montfort, Netherlands-based company active in the sourcing and processing of post-consumer plastic packaging waste.
Copyright InnovOrigins After winning a , Stiphout Industries has further developed as a specialist in recycling Dutch household waste. The company produced its processing lines and positioned...