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Petrochemicals
Ineos to acquire Flint Hills chemical plant
by Michael McCoy
September 28, 2018
| A version of this story appeared in
Volume 96, Issue 39
Credit: Ineos
The main asset of the business being sold is this plant in Joliet, Ill.
Ineos Enterprises has signed a deal to acquire Flint Hills Resources’ intermediates business, which produces purified isophthalic acid, trimellitic anhydride, and maleic anhydride in Joliet, Ill. “Ineos has a track record of acquiring businesses that are no longer core to their previous owners,” Ineos Enterprises CEO Ashley Reed says. Flint Hills, a subsidiary of Koch Industries, acquired the business from BP in 2004.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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