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Argentina: DAK purchases recycling operation

 |  July 8, 2014

DAK Americas Argentina has reportedly inked a deal to acquire CabelmaPET, a recycling operation in the nation.

DAK produces polyethylene terephthalate resins; reports say the firm’s purchase will allow it to include post-consumer recycled materials into its manufacturing process. Following the merger, the new products will be marketed under the DAK Laser+ brand.

Financial details of the transaction were not disclosed by the parties, and the deal is subject to approval by national competition regulators.

Full content: Recycling Today

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