Colombian state oil company Ecopetrol has concluded a deal to acquire local polypropylene producer Propilco for US$690 mln. Propilco was previously held by the Stanford Group's Andean Chemicals and Valorem Group's PrimeFinanzas and PrimeOther.
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http://plastemart.com/plasticnews_desc.asp?news_id=12013&P=P
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