Chemicals firm Arkema to buy plastic recycler and compounder Agiplast

Arkema air inlet hose
Arkema air inlet hose

French chemicals group Arkema has announced its intention to acquire Italian business Agiplast.

Agiplast has annual sales of €15 million (£13 million) and operates a plant in Italy.


Its experience in mechanical recycling will enable Arkema to offer high quality polymers to its customers, along with its bio-based Virtucycle polymer.

Arkema said that this acquisition, expected to be completed in June, will make it the first fully integrated performance polymer manufacturer offering both bio-based and recycled materials.

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