Friday, December 03, 2010

BASF and Ineos Group to merge styrene operations: new entity sales to exceed €5 bln

BASF SE and Ineos Group Holdings plan to merge their styrene operations, creating an entity with sales of over €5 bln (US$6.6 bln), as per Bloomberg. The company, which will operate as a separate entiity, will be equally owned by Ineos and BASF.

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