# INEOS Oxide acquires Arkema's OXO alcohol business

INEOS Oxide has acquired Arkema's OXO alcohol business, including full ownership of the Oxochimie joint venture in Lavéra, France. The deal, cleared by the European Commission, was announced in June 2017. Oxochimie produces butanol and 2-ethyl hexanol.

- Type: Acquisition
- Announced: 2017-06-01
- Where: Lavéra, France
- Status: completed
- Products: oxo alcohols, butanol, 2-ethyl hexanol, acrylic esters, diesel additives, paints, lubricants
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [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/inch-magazine/articles/issue-12/ineos-oxide-has-bought-arkemas-oxo-alcohol-business/), 2017-06-12: "The acquisition had been subject to European Commission clearance, which was given last month."

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