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bp agrees to sell its petrochemicals business to INEOS

$5 billion deal for bp’s global aromatics, acetyls and related businesses

30-Jun-2020

bp announced that it has agreed to sell its global petrochemicals businessto INEOS for a total consideration of $5 billion, subject to customaryadjustments. The agreed sale, the next strategic step in reinventing bp, willfurther strengthen bp’s balance sheet and delivers its target for ...

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INEOS set to acquire Cristals North American Titanium Dioxide Business from Tronox for $700 million

21-Mar-2019

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) complex. The ...

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The offroader from the chemical industry

10-Apr-2017

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 ...

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Arkema announces the proposed divestment of its oxo alcohols business

27-Jan-2017

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 ...

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Ineos and Solvay reach agreement for divestment of remedy business to ICIG

20-Mar-2015

INEOS and Solvay have reached an agreement with International Chemical Investors Group (ICIG) to acquire the assets being divested by INEOS. This agreement, which follows extensive discussions with the European Commission in the context of the merger control review of INOVYN, is a key step ...

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Ineos to acquire significant share of key shale gas assets

12-Mar-2015

INEOS has announced it is acquiring at least a 50% interest in seven of IGas’ shale gas licences in the North West along with the option to acquire a 20% interest in two further IGas shale gas licences in the East Midlands. INEOS is also acquiring IGas’ interest in the shale gas licence around ...

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INEOS technology for new project in Nizhnekamsk, Republic of Tartarstan, Russia

06-Dec-2012

OAO Nizhnekamskneftekhim and INEOS Technologies announced that Innovene G and Innovene S polyethylene technologies have been licensed for OAO Nizhnekamskneftekhim’s new petrochemical project. The 300 KTA Innovene G and 300 KTA Innovene S plants will be part of a larger expansion at the ...

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ZAO “VOSTOCHNAYA NEFTECHEMICHESKAYA COMPANY” Selects INEOS Technologies for their new petrochemical complex.

13-Jul-2012

INEOS Technologies has announced that is has licensed its Innovene G, Innovene S and Innovene PP processes to ZAO “VOSTOCHNAYA NEFTECHEMICHESKAYA COMPANY” (ZAO “VNHK”), a subsidiary of OJSC “NK ROSNEFT” for VNHK’s new petrochemical complex in Nakhodka Russian federation. This is a second award ...

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LLC SIBUR selects INEOS Technologies as a licensor for 1.5 million tonnes of polyethylene capacity.

03-Jul-2012

INEOS Technologies confirms that it has licensed its Innovene™ G process and Innovene™ S process for the manufacture of linear low density and high density polyethylene products to the ZapSibNeftekhim production complex of Sibur in Tobolsk, Russia.The two 400 kta Innovene™ G plants and the two ...

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Zhong Tian He Chuang Energy Company Limited selects INEOS Technologies’ Innovene PP process

16-Feb-2012

INEOS Technologies announced that it has licensed its Innovene PP process to Zhong Tian He Chuang Energy Company Limited. Located in Ordos City, Inner Mongolia Autonomous Region, the 350kta plant will manufacture a full line of polypropylene resins, including homopolymers, random copolymers, and ...

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