# INEOS Oxide proposes acquisition of Arkema's Oxo Alcohol business

INEOS Oxide and Arkema announced a project for INEOS to acquire Arkema's Oxo Alcohol business, including Arkema's stake in the Oxochimie joint venture at Lavéra, France. The transaction is subject to regulatory clearance and consultation.

- Type: Acquisition
- Announced: 2017-01-26
- Where: Lavéra, France, France
- Status: announced
- Products: oxo alcohols, butanol, 2-ethyl hexanol
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [INEOS Oxide](https://endata.com/companies/16661.md)
- [Arkema](https://endata.com/companies/7031.md) (target)
- [INEOS Oxide](https://endata.com/companies/16661.md) (acquirer)
- [Oxochimie](https://endata.com/companies/21762.md) (target)

## Sources

- [ineos.com](https://www.ineos.com/de/nachrichten/geteilte-nachrichten/ineos-oxide-announce-the-proposed-acquisition-of-arkema-oxo-alcohol-business/), 2017-01-26: "Oxo alcohols are a core business for INEOS Oxide, both supplying the European and global markets and supporting the manufacturing of our fast growing downstream intermediates businesses."
- [ineos.com](https://www.ineos.com/news/shared-news/ineos-oxide-announce-the-proposed-acquisition-of-arkema-oxo-alcohol-business/), 2017-01-26: "Oxo alcohols are a core business for INEOS Oxide, both supplying the European and global markets and supporting the manufacturing of our fast growing downstream intermediates businesses."
- [news.europawire.eu](https://news.europawire.eu/ineos-oxide-increases-its-global-market-presence-in-oxo-alcohols-aldehydes-derivatives-with-acquisition-of-arkemas-oxo-alcohol-business-543214567890/eu-press-release/2017/03/03/), 2017-03-03: "We are very pleased to have completed the acquisition."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.