Monday, September 10, 2007

Borealis completes sale of Norwegian polyolefins business to Ineos

Borealis has completed the sale of its Norwegian polyolefins business and share of the Noretyl gas cracker to Ineos. The deal, estimated at EUR 290 mln, encompasses a 175,000 tpa polypropylene (PP) unit and a 140,000 tpa low density polyethylene (LDPE) unit, as well as a 50% share of the 557,000 tpa Noretyl gas cracker.

For more details please click on the following link
http://plastemart.com/plasticnews_desc.asp?news_id=10821&P=P

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