Arkema announces a project for the sale to INEOS of its 50% stake in Oxochimie, their oxo alcohols manufacturing joint venture, and the associated business.
Arkema produces oxo alcohols on the Lavéra site (France) in a 50/50 manufacturing joint venture with INEOS. These products are used in part for the production of the Group’s acrylic esters in Europe. They are also sold on the free market for annual sales of some 40 million euros.
As part of the program to divest €700 million sales, the Group announces the project to divest to INEOS its stake in Oxochimie, as well as the associated business. Furthermore, INEOS will continue to supply the Group’s acrylic esters units.
The project, due to be finalized early 2017, is subject to an information and consultation process of social work councils and approval of the relevant antitrust authorities.
Arkema finalizes the divestment of its phosphorus derivatives business
Arkema finalized the divestment of Febex, a company specialized in phosphorus-based chemistry, to Belgian group Prayon. Febex is a global player in phosphorus derivatives (high purity phosphoric acid, sodium hypophosphite and derivatives), used primarily in electronics and in the pharmaceut ... more
Arkema divests its phosphorus derivatives business
Arkema announces the proposed divestment of Febex, a company specialized in phosphorus-based chemistry, to Belgian group Prayon. Arkema thus continues its dynamic business portfolio management. Febex is a global player in phosphorus derivatives (high purity phosphoric acid, sodium hypophosp ... more
Arkema finalizes the acquisition of Polimeros Especiales in Mexico
On September 1st 2022, Arkema finalized the acquisition of Polimeros Especiales, strengthening the Group’s offering in solvent-free solutions and its position in this fast growing region. Polimeros Especiales is a well-established Mexican company producing high-performance waterborne resins ... more
Arkema’s activities are organized into three business segments, Vinyl Products, Industrial Chemicals, and Performance Products, comprising 13 business units structured into profit centers, in charge of plant management, research, marketing, and customer relations. Central divisions oversee ... more
Arkema is a world-class producer in most of its product lines, including PMMA, fluorochemicals, hydrogen peroxide, organic peroxides and molecular sieves, and a regional leader in others, including chlorochemicals in Europe. more
INEOS Enterprises to acquire ASHTA Chemicals Inc. from Bigshire Mexico
INEOS Enterprises has announced an agreement to acquire ASHTA Chemicals Inc, from Bigshire Mexico S. de R.L. de C.V. The deal, which consists of a 100ktpa Potassium Hydroxide (KOH)/65 ktpa Chlorine plant, is targeted to close before the end of 2022, subject to regulatory approvals. ASHTA Ch ... more
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
INEOS is a global manufacturer of petrochemicals, specialty chemicals and oil products. It comprises 19 businesses each with a major chemical company heritage. Our production network spans 73 manufacturing facilities in 19 countries throughout the world. We believe INEOS is characterized b ... more
INEOS Phenol GmbH was originally founded in Gladbeck, a town located in the western part of Germany, by Phenolchemie in 1952. The company started Phenol production in 1954 and at that time had a total capacity of 8,000 te/a (metric tonnes per annum) of Phenol and 5,000 te/a of Acetone. Con ... more
INEOS is a global manufacturer of petrochemicals, specialty chemicals and oil products. It comprises 19 businesses each with a major chemical company heritage. Our production network spans 73 manufacturing facilities in 19 countries throughout the world. We believe INEOS is characterized b ... more
