INEOS completes acquisition of TotalEnergies' petrochemical assets at Lavera

INEOS completed the acquisition of TotalEnergies' 50% share of Naphtachimie (720,000-ton/yr steam cracker), Appryl (300,000-ton/yr polypropylene business), Gexaro (270,000-ton/yr aromatics business) and 3TC naphtha storage at Lavera, France, along with other infrastructure assets.

“INEOS Ltd. (London) completed the acquisition of TotalEnergies’ 50% share of Naphtachimie (720,000-ton/yr steam cracker), Appryl (300,000-ton/yr polypropylene business), Gexaro (270,000-ton/yr aromatics business) and 3TC [1] (naphtha storage) announced on July 5 th.”chemengonline.com

• 2 sources
• chemengonline.comIneos completes acquisition of TotalEnergies’ petrochemical assets at Lavera, France - Chemical Engineering | Page 1Mary BaileyApr 1, 2024
• modernplasticscanada.comINEOS Takes A Major Step Forward in Southern France Completing the Acquisition of Totalenergies’ Petrochemical Assets - Modern Plastics CanadaJunior EditorApr 3, 2024

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