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2 Current news about the topic aromatics

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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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ICIS global Petrochemical Index (IPEX) plunges to November 2003 level

11-May-2020

The ICIS Petrochemical Index (IPEX) plunged in April as the impact of the falling oil price and coronavirus-driven demand destruction slammed the sector. The global index stands at a level last seen in November 2003 and is just below that in January 2009. Each of the regional components of the ...

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