SK ecoplant to acquire DY Polymer & DY Indus

SI Other Waste plastic (PET) recycling materials

Not yet reviewed: summarised from filings and press reports; figures may differ between reports. Please check the original sources.

Deal value
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Stake
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Implied 100%
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Revenue
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Op. income
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Multiples
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Target
DY Polymer & DY Indus · Waste plastic (PET) recycling materials
Buyer
SK ecoplant · SI
Seller
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Structure
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Announced
Aug 24, 2022
Closed
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Stage
Announced

Target

DY Polymer (founded 2013, Goryeong, Gyeongbuk) was the first Korean company to produce recycled pellets from waste PET bottles; DY Indus (founded 2016) produces flakes from crushed and washed PET bottles.

Deal rationale

SK Ecoplant said it aims to localize top-grade waste plastic flakes and pellets, which are heavily imported, and build a circular model across the value chain (Aju). It planned facility investment, digital transformation, modernization, impurity-removal equipment and bottle-to-bottle cooperation with sorting companies and beverage makers.

수직계열화신사업 진출

Press coverage

  • 연합뉴스 (2022-08-24): “SK에코플랜트, 폐플라스틱 재활용기업 DY폴리머·DY인더스 인수”
  • 한국벤처캐피탈협회 M&A 뉴스레터 (2022-10): “SK에코플랜트, 폐플라스틱 재활용기업 DY폴리머·DY인더스 인수”
  • 아주경제 (2022-08-24): “현재 수입 의존도가 높은 최상급 폐플라스틱 플레이크 및 펠렛의 국산화를 도모하고”

This is a data entry summarising filings and press reports. Please check the original sources for the figures.