Thursday, November 25, 2010

IPIC plans global business acquisitions through its Borealis AS plastics unit

Abu Dhabi’s state company with petrochemical holdings - International Petroleum Investment Co. plans to acquire businesses through its Borealis AS plastics unit. In its drive to expand internationallyy through mergers and acquisitions, IPIC’s acquisitions in 2009 included Canada’s Nova Chemicals Corp.

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