# INEOS to acquire Ashland's composite resins business

INEOS Enterprises agreed to acquire Ashland's composite resins business, including 20 manufacturing sites in Europe, North and South America, Asia and Middle East, employing 1,300 people. The deal is subject to regulatory approval.

- Type: Acquisition
- Announced: 2018-12-14
- Jobs: 1,300
- Status: announced
- Products: composite resins
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [INEOS O&P USA](https://endata.com/companies/19489.md) (acquirer)
- [Ashland](https://endata.com/companies/20300.md) (target)

## Sources

- [ineos.com](https://www.ineos.com/inch-magazine/articles/issue-14/ineos-set-to-acquire-ashlands-composite-business/), 2018-12-14: "Ashland's composite resins have been the materials of choice for the world's boat builders for 30 years, and with good reason."

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