Ineos closes $5-billion acquisition of BP’s aromatics, acetyls businesses

摘要

Ineos has completed the $5-billion acquisition of BP’s global aromatics and acetyls businesses, comprising 15 manufacturing sites and 10 joint ventures (JVs). The businesses will be known as Ineos Acetyls and Ineos Aromatics, says Ineos, which frst announced the acquisition in June last year. The acquisition includes fve manufacturing sites in the Americas, two in Europe, and eight in Asia, as well as the 10 JV site locations, and will extend both the portfolio and the geographic reach of the business, it says.