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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


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 ...


INEOS Announces €2.7 Billion investment in new European Chemical Complex

INEOS commits to building a new world scale chemical cracker and PDH plant in North West Europe


INEOS has approved a €2.7 billion capital project to build both a world scale ethane cracker and a PDH (Propane Dehydrogenation) unit in Northern Europe. Both units will benefit from US shale gas economics. This will be the first new cracker built in Europe for two decades. It will also be one of ...


Agilyx Corporation and INEOS Styrolution sign development agreement for polystyrene recycling

Process is based on “chemical recycling”


Agilyx Corporation and INEOS Styrolution have signed a joint development agreement to develop a recycling process for polystyrene based on “chemical recycling” in the USA. This collaboration is aimed at achieving a circular economy, where polystyrene waste is recycled into virgin, high-quality ...


AkzoNobel collaborates with INEOS Nitriles

Agreement to expand chelates production


AkzoNobel Specialty Chemicals and INEOS Nitriles have signed a long-term co-operation agreement that will allow AkzoNobel to expand its production of biodegradable chelates, used in detergents and other industries, utilizing one of INEOS Nitriles' chemical products. The move will strengthen ...


INEOS completes the acquisition of the entire Oil & Gas Business from DONG Energy A/S


INEOS has completed the purchase of the DONG Oil & Gas Business from DONG Energy A/S. The completion of the deal positions INEOS as a top ten company in the North Sea and the biggest privately owned exploration and production business operating in the energy basin. The business brings with it a ...


INEOS to buy the entire Oil & Gas Business from DONG Energy A/S

The deal positions INEOS as the biggest private enterprise operating in the North Sea


INEOS announced that it has agreed to acquire the Dong Oil & Gas Business from DONG Energy A/S for an unconditional payment of $1.05bn, plus a contingent payment of USD 150 million related to the Fredericia stabilisation plant and a contingent payment of up to USD100 million subject to the ...


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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 ...


Arkema announces the proposed divestment of its oxo alcohols business


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 ...


INEOS Styrolution announces expansion of its Altamira ABS/ ASA plant

Capacity increase of 20,000 metric tons


INEOS Styrolution reveals plans to expand the company’s plant in Altamira/ Mexico responding to growing demand in the Americas region. The copolymer plant produces a variety of ABS (acrylonitrile butadiene styrene) and ASA (acrylonitrile styrene acrylate) solutions. The expansion will also allow ...


INEOS Olefins & Polymers USA has acquired WL Plastics


INEOS O&P USA has today announced it has acquired 100% of the shares of WLP Holding Corp., a high density polyethylene (HDPE) pipe manufacturers in North America. The business is headquartered in Fort Worth, TX with production facilities in Kentucky, South Dakota, Utah, Texas, and Wyoming. A ...


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