Jul 28, 2022ACQUISITIONShanghai, China, China INEOS acquires 50% stake in SECCO from SINOPEC
INEOS agreed to acquire a 50% stake in Shanghai SECCO Petrochemical Company Limited from SINOPEC, a petrochemical company with 4.2 million tonnes capacity.
Capacity
4.2 million tonnes per year
Productsethylenepropylenepolyethylenepolypropylenestyrenepolystyreneacrylonitrilebutadienebenzenetoluene
“INEOS and SINOPEC have today signed three back-to-back deals worth a combined value of $7bn.”ineos.com
- 4 sources
- ineos.comINEOS and SINOPEC sign three significant petrochemical deals with an aggregate value of $7bnJul 28, 2022
- ineos.comINEOS and SINOPEC sign three significant petrochemical deals with an aggregate value of $7bn.Jul 28, 2022
- businesstimes.com.sgSinopec agrees deals with Ineos, sells stake at Shanghai plant for 10.5 billion yuan - The Business TimesJul 28, 2022
- soci.orgSCI News - INEOS signs £5.7bn deal with Chinese Petroleum and Chemical CorporationAug 1, 2022
Summarized from public sources; check the original articles before acting on it.
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