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INEOS and SINOPEC form joint venture INEOS Styrolution Advanced Materials · Endata

◂ Announcements

Sep 30, 2022ACQUISITIONNingbo, China

INEOS and SINOPEC form joint venture INEOS Styrolution Advanced Materials

INEOS and SINOPEC notified the European Commission of their proposed joint venture, INEOS Styrolution Advanced Materials (Ningbo) Pte Ltd, to produce advanced materials in China.

Status

Announced

Productsadvanced materials

CompaniesINEOS partner China Petroleum & Chemical Corporation (Sinopec Group) partner INEOS Styrolution Advanced Materials (Ningbo) Pte Ltd target

Sectors#Specialty Chemicals #Plastics and Polymers

“INEOS and SINOPEC will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of INEOS Styrolution Advanced Materials.”eulawlive.com

1 source
eulawlive.comPrior notification published: INEOS / SINOPEC / INEOS Styrolution Advanced Materials - EU Law LiveOct 11, 2022

Summarized from public sources; check the original articles before acting on it.

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