bp agrees to sell its petrochemicals business to INEOS
bp announced that it has agreed to sell its global petrochemicals business to INEOS for a total consideration of $5 billion, subject to customary adjustments. The agreed sale, the next strategic step in reinventing bp, will further strengthen bp’s balance sheet and delivers its target for a ... more
INEOS set to acquire Cristals North American Titanium Dioxide Business from Tronox for $700 million
INEOS Enterprises has announced that it has signed an agreement to acquire The North American business of National Titanium Dioxide Company Limited (Cristal) from Tronox Limited for $700 million.
Cristal’s North American business includes two-plants located at the Ashtabula Ohio (US) comple ... more
The offroader from the chemical industry
Being a great admirer of the Landrover Defender series, Jim Ratcliffe, CEO of INOES group, founded the new business branch INEOS Automotive. This, for a chemical company, unusual project is based on Ratcliffe’s personal attachment to this offroad car.
Ratclife saw a market he thought to be ... more