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Business & Finance


LyondellBasell and SUEZ Purchase European Plastics Recycling Company

LyondellBasell (NYSE: LYB), one of the world's largest plastics, chemical and refining companies, today announced it has entered into a definitive agreement to purchase a 50 percent stake in Quality Circular Polymers (QCP), a high standard plastics recycling company in Sittard-Geleen, Netherlands. Under the terms of the agreement, LyondellBasell will be a 50 / 50 partner in QCP with SUEZ, a French company specialized in water and waste management.

XAAR CELEBRATES WINNING MANUFACTURING SITE AWARD FOR THIRD TIME

Xaar plc, the world leader in industrial inkjet technology, has been awarded “Manufacturing Site of the Year” for a third time by TechWorks (formerly the National Microelectronics Institute), a national industry organisation aiming to strengthen the UK’s position as a global leader in future technologies.

KKR Completes Tender Offer for Hitachi Kokusai

Global investment firm KKR and Hitachi Kokusai Electric Inc. (“Hitachi Kokusai” or the “Company”; TSE stock code 6756) today announced the completion of a tender offer by HKE Holdings G.K. (the "Offeror"), an entity owned by KKR investment funds, for the common shares of Hitachi Kokusai (excluding the 51.67% of its shares that are owned by Hitachi, Ltd. (“Hitachi”). Approximately 25.55% of the common shares have been tendered through the tender offer and will be acquired by the Offeror.

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