Ineos Finalizes Purchase of Ashland's Composites Business & BDO Facility

摘要

London-Ineos Enterprises has completed the acquisition of Ashland Global Holdings’entire composites business,including a butanediol(BDO)plant in Marl,Germany(PCN,26 Aug 2019,p 3).The businesses included in the transaction have combined sales of over $l.l-billion per year.They employ 1,250 employees across 19 sites in Europe,North and South America,Asia and the Middle East.Ashland recently amended the purchase agreement to include the removal of the maleic anhydride business from the sale.