LyondellBasell, one of biggest plastic and chemical companies on the planet, has stepped into the plastics recycling sector for the first time. A high-level executive recently explained what drove the decision.
“For several years, we have been seeing an increased demand for recycled and reused products from our customers, especially in Europe,” said Richard Roudeix, LyondellBasell’s senior vice president of Olefins and Polyolefins for Europe, Asia and International. “We are intrigued by the growing conversation around the ‘circular economy’ and believe that an increased global focus on recycling presents business opportunities for our company.”
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