Issue Date: July 7, 2014 | Web Date: July 3, 2014
Ineos Bets On Basic Plastics
The European chemical giant Ineos is bullish on large-volume polymer manufacturing in the West. For the second time in just a few days, it has struck a deal that will increase its presence in a sector that others are seeking to leave.
Ineos said last week that it will acquire BASF’s 50% stake in Styrolution, a joint venture the two companies formed in 2011 to combine their businesses in styrenic polymers. . . .
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