{"id":129843,"date":"2023-08-02T07:13:00","date_gmt":"2023-08-02T05:13:00","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=129843"},"modified":"2023-07-31T09:14:08","modified_gmt":"2023-07-31T07:14:08","slug":"lyondellbasell-acquires-50-share-in-dutch-recycling-company","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/lyondellbasell-acquires-50-share-in-dutch-recycling-company\/","title":{"rendered":"LyondellBasell Acquires 50% Share in Dutch Recycling Company"},"content":{"rendered":"\n\n\n<p><strong>Stiphout is involved in the sourcing and processing of post-consumer plastic packaging waste. The company operates a facility located in Montfort,\u00a0the Netherlands, with an annual processing capacity equivalent to the amount of plastic packaging waste generated by over 500,000 Dutch citizens per year.<\/strong><\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&#8220;Investing in Stiphout aligns with our strategy to invest in recycling and plastic waste processing companies that support our existing assets in\u00a0the Netherlands\u00a0and\u00a0Germany\u00a0and fits with our integrated hub model,&#8221; says\u00a0<strong>Yvonne van der Laan<\/strong>, LyondellBasell Executive Vice President, Circular and Low Carbon Solutions. &#8220;Through this collaboration, we can leverage local synergies with our Quality Circular Polymers business in terms of logistics and operations. It also unlocks possibilities to further expand our\u00a0<em>Circulen<\/em>Recover portfolio, creating solutions for customers and brand owners in support of their circular and low-carbon targets&#8221;.<\/p><\/blockquote>\n\n\n\n<p>Stiphout was founded in 2015 and has over time built up experience in the processing of plastic household waste into clean flakes of recycled polypropylene (PP) and high-density polyethylene (HDPE) materials, establishing itself as an innovative player in&nbsp;the Netherlands.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&#8220;Partnering with an experienced polymer producer will provide possibilities to further step-up commercial and operational excellence of our operations ,&#8221; says\u00a0<strong>Eline Stiphout<\/strong>, founder and CEO of the Stiphout group. &#8220;We are excited to team up with LyondellBasell since we share that circularity is critical to helping end plastic waste&#8221;.<\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>About LyondellBasell<\/strong><\/h3>\n\n\n\n<p>We are LyondellBasell (NYSE: LYB) \u2013 a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to unlock value for our customers, investors and society. As one of the world&#8217;s largest producers of polymers and a leader in polyolefin technologies, we develop, manufacture and market high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>About Stiphout Industries<\/strong><\/h3>\n\n\n\n<p>Stiphout Industries was founded by\u00a0Eline Stiphout\u00a0in 2015 with the aim of recycling post-consumer waste into high quality flakes. The company expanded quickly, and soon became a specialist in recycling Dutch household waste. It developed its own processing lines and has positioned itself as a sustainable, innovative recycler. Stiphout is proud to contribute to a more circular use of plastics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stiphout is involved in the sourcing and processing of post-consumer plastic packaging waste. The company operates a facility located in Montfort,\u00a0the Netherlands, with an annual processing capacity equivalent to the amount of plastic packaging waste generated by over 500,000 Dutch citizens per year. &#8220;Investing in Stiphout aligns with our strategy to invest in recycling and [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","nova_meta_subtitle":"LyondellBasell announced it has acquired a 50% stake in Stiphout Industries B.V. (\"Stiphout\")","footnotes":""},"categories":[17143],"tags":[7105,15235,11966,14462,12593],"supplier":[901,22498],"class_list":["post-129843","post","type-post","status-publish","format-standard","hentry","category-recycling","tag-packaging","tag-plasticrecycling","tag-plastics","tag-plasticwaste","tag-polymer","supplier-lyondellbasell-industries","supplier-stiphout-industries"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/129843","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=129843"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/129843\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=129843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=129843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=129843"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=129843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}