LyondellBasell to lease California plant to produce recycled resins from waste

Jonathan Lopez


SAO PAULO (ICIS)–LyondellBasell has acquired a recycling plant in California from PreZero in which it plans to produce post-consumer recycled resins from plastic waste, the US chemicals major said on Tuesday.

Financial details were not disclosed.

The plant will be fully taken over by LyondellBasell in 2025. It will have a production capacity of 50 million pounds/year (25,000 tonnes/year) of recycled resins.

“The transaction includes leasing the processing facility in Jurupa Valley, California … LYB will offer these recycled polymers under its CirculenRecover brand, part of the company’s Circulen portfolio of products that enable the circular economy,” it added.

LyondellBasell’s Executive Vice-President for the circular economy, Yvonne van der Laan, added the company was aiming to “build upon our existing experience in plastic recycling in Europe” to meet US’ growing demand for recycled products.

In October 2023, LyondellBasell acquired a 25% stake in Cyclyx, a joint venture between energy major ExxonMobil and Agilyx.

Additional reporting by Emily Friedman

Thumbnail shows bales of recycled plastic. Image by Shutterstock. 


Global News + ICIS Chemical Business (ICB)

See the full picture, with unlimited access to ICIS chemicals news across all markets and regions, plus ICB, the industry-leading magazine for the chemicals industry.

Contact us

Partnering with ICIS unlocks a vision of a future you can trust and achieve. We leverage our unrivalled network of industry experts to deliver a comprehensive market view based on independent and reliable data, insight and analytics.

Contact us to learn how we can support you as you transact today and plan for tomorrow.