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BASF and INEOS will combine their global styrenics businesses into a new 50:50 joint venture called Styrolution, headquartered in Frankfurt, Germany. The deal, signed on 29 November 2010, is expected to close in 2011, subject to antitrust approval.
“BASF and INEOS will combine their global styrenics business into a new 50:50 joint venture (JV) called Styrolution, the companies said in a statement on Tuesday.”icis.com
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