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Recycling

Recycling firm APK attracts big backers

by Alexander H. Tullo
February 10, 2023 | A version of this story appeared in Volume 101, Issue 6

 

Petrochemical maker LyondellBasell Industries; Kirkbi, the investment arm of the family that owns toy maker Lego; and other firms are investing about $140 mil- lion in the German plastics recycling company APK. APK is developing a solvent-based process to recycle low-density polyethylene. It claims that its process can separate the different functional layers in flexible packaging, one of the greatest challenges in plastics recycling. APK operates a pilot plant in Merseburg, Germany, and hopes to build more plants.

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