Ineos acquires BP’s petrochemical activities

The transaction also includes BP’s stake in Tricoya joint venture

Ineos Group Holdings S.A., based in Luxembourg, has reached a deal with the British oil and gas company BP plc, headquartered in London, to acquire its global aromatics and acetyls business. Under the terms of the agreement signed at the end of June 2020, the transaction is to close by the year’s end. The purchase ...

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