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The business consists of 15 sites across the world (5 in the Americas, 2 in Europe and 8 in Asia) as well as 10 joint ventures.
July 2, 2020
By: Anthony Locicero
Copy editor, New York Post
INEOS announced its intention to purchase the global Aromatics and Acetyls businesses of BP for a consideration of $5 billion – $4 billion will be payable upon completion with the remaining $1 billion deferred until, at the latest, June 2021. This acquisition will extend both the portfolio and the geographic reach of the business. The Aromatics business is a global leader in PTA (Purified Terephthalic Acid) and PX (Paraxylene) technology with six sites and supplies the global poly...
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