# INEOS completes sale of melamine and paraform assets to Prefere Resins

INEOS has completed the sale of its Melamines & Paraform business to Prefere Resins, including sites in Mainz (Germany), Springfield (US), Frankfurt (Germany), and Surabaya (Indonesia). 270 employees are being transferred to Prefere.

- Type: Acquisition
- Announced: 2019-07-01
- Jobs: 270
- Status: completed
- Products: melamine, paraform
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [INEOS](https://endata.com/companies/9807.md) (target)
- [Prefere Resins Holding GmbH](https://endata.com/companies/38979.md) (acquirer)

## Sources

- [borderless.net](https://www.borderless.net/news/energy-and-chemical-value-chain/ineos-completes-sale-of-melamine-paraform-assets-to-prefere-resins/), 2019-07-01: "INEOS has completed the sale of its Melamines & Paraform business to German phenolic resins producer Prefere Resins."

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