Spanish oil refiner Compania Espanola de Petroleos (Cepsa) has concluded acquisition of a halted polyethylene terephthalate (PET) unit at San Roque, Spain, from La Seda de Barcelona, as per Platts. Thhe purchase will be the first PET-making facility that Cepsa will own, and will help it extend its presence in the petrochemical value chain Cepsa's petrochemical subsidiary Cepsa Quimica paid Euro 32 million (US$42 mln) for Artenius San Roque, which operates the 175,000 tpa PET facility near Cadiz, southern Spain.
For more details on Cepsa acquires halted Spanish PET facility from La Seda for US$42 mln click here
Tuesday, January 11, 2011
Cepsa acquires halted Spanish PET facility from La Seda for US$42 mln
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment