my.chemeurope.com
With an accout for my.chemeurope.com you can always see everything at a glance – and you can configure your own website and individual newsletter.
07-01-2009: BP has agreed to sell its ground fuels marketing business in Greece to Hellenic Petroleum for €359m ($500m) subject to various adjustments at closing.
The deal is subject to certain conditions, including regulatory approvals, and is expected to be completed towards the end of the year with the sale of BP Hellas shares.
The sale covers the 1200 BP branded sites in the country, and the distribution network of fuel deliveries to the sites and wholesale customers.
BP will still have a significant presence in Greece as the automotive, industrial and marine lubricants businesses, BP Solar and Air BP will continue to operate as part of the BP Group.
Explaining the reason to divest the business, Sotiris Christoyannis, BP Hellas Managing Director said "BP regularly reviews its portfolio and makes choices to optimise the resource allocation within its strategic and financial frameworks. In this instance it was decided that BP was no longer the natural owner of the fuels value chain business in Greece."
Watchlist
This is where you can add this news to your personal favourites
The board of BP p.l.c. announced that Andrew Shilston will join the Board as a non-executive director with effect from 1st January 2012. Andrew Shilston is currently chief financial officer at Rolls-Royce Holdings plc. Carl-Henric Svanberg, chairman of BP, said: “We continue to strengthen ... more
ABB signs $33 million maintenance and service frame agreement with BP Norway
ABB signed a three-year frame agreement worth $33 million with BP Norway for maintenance, modification and service of the safety and automation systems of all of its oil field operations on the Norwegian continental shelf. The agreement signed in the third quarter includes the option to ext ... more
BP and JBF Group Agree to Build New Co-located PET Facility in Geel, Belgium
BP has entered into agreements with JBF RAK LLC under which JBF RAK LLC is to build a new 390,000 tonne per year polyethylene terephthalate (PET) production unit in Geel, Belgium, subject to required approvals. The agreements provide JBF rights to build and operate this PET unit on BP’s exi ... more
BP's chemical business is focussed on aromatics and acetyls, producing and marketing PX, PTA, acetic acid, acetic anhydride and derivatives primarliy in the US, Europe and Asia. In Germany and China, BP also produces and markets olefins and derivatives. more
BP has transformed: growing from a local oil company into a global energy group; employing over 96,000 people and operating in over 100 countries worldwide more
Industrieparks BP Gelsenkirchen Scholven und Horst
Together with the Gelsenkirchen-Scholven plant, the Horst plant forms an integrated refinery. The two plants are linked by a pipeline system. Apart from oil processing, which takes place at both plants, BP Refining & Petrochemicals GmbH operates two crackers for the production of ethylene a ... more
About CHEMIE.DE
CHEMIE.DE Information Service GmbH runs specialist scientific internet portals. The secret to our success? We are familiar with what we publish.
Advertising at CHEMIE.DE
Our advertising formats support you in getting your message across to a clearly defined target audience.
© 1997-2011 CHEMIE.DE Information Service GmbH, All rights reserved
