Ineos buys out Sasol's 50% stake in Gemini JV for $404M

Ineos Olefins and Polymers USA has agreed to buy Sasol's 50% stake in the Gemini joint venture for $404 million, taking full ownership. The deal is expected to close by year end. Gemini is a toll manufacturer of bimodal HDPE in Bayport, Texas.

“Ineos Olefins and Polymers USA has agreed terms to buy Sasol's 50% stake in their Gemini joint venture for $404 million, taking full ownership.”chemanager-online.com

• 1 source
• chemanager-online.comIneos Buys Out Sasol in Gemini JVNov 24, 2020

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