Ineos acquires BASF's share in Styrolution
Ineos intends to acquire BASF's 50% share in Styrolution, a joint venture between the companies.
Ineos intends to acquire BASF's 50% share in Styrolution, a joint venture between the companies.
The companies will manufacture a range of high-performance polyethylene products using SK's cutting edge Nexlene solution technology.
Preliminary investigation had expressed competition concerns in the market of suspension polyvinyl chloride, says European Commission.
Songwon Industrial Co., Ltd. and Tangshan Baifu Chemical Co. Ltd. have formalized their joint venture relationship. The new company is called Songwon Baifu Chemicals (Tangshan) Co., Ltd. and has commenced its operations on July 1, 2012. With a production capacity of 8.000 metric tons of thioester antioxidants, and the required key intermediate capacity Songwon Baifu Chemicals (Tangshan) Co., Ltd. is now fully integrated into Songwon’s global operational processes.
Saudi ArabiaSaudi Basic Industries Corporation (SABIC) and affiliates of ExxonMobil have announced they will construct a world-scale specialty elastomers facility at the Al-Jubail Petrochemical Company (Kemya) manufacturing joint venture.
A. Schulman announced today that it has entered into a joint venture agreement with National Petrochemical Industrial Company (NATPET) of Jeddah, Saudi Arabia ("KSA"), a subsidiary of Alujain Corporation, a Saudi Stock Exchange listed company.