LyondellBasell, a global leader in the chemical industry and KIRKBI A/S, the family-owned holding and investment company of the LEGO brand, announce they have signed an agreement to make an investment in APK, which specializes in a unique solvent-based recycling technology for low density polyethylene (LDPE). APK aims to increase the recycling of multi-layer flexible packaging materials – which today make up the majority of mixed plastic waste from the consumer sector. To this end, APK has developed the unique solvent-based Newcycling process, which separates the different polymers of multi-layer packaging materials and produces recycled materials with a high degree of purity suitable for new packaging materials. Under the agreement, LyondellBasell and KIRKBI will become minority shareholders in APK and together with other co-investors will invest approximately 130 million Euros in APK.  Further Newcyling Plants are planned to be built to increase the production...