# 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.

- Type: Acquisition
- Announced: 2024-04-01
- Where: Lavera, France, France
- Status: completed
- Capacity: 720,000 tons/yr steam cracker, 300,000 tons/yr polypropylene, 270,000 tons/yr aromatics
- Products: ethylene, polypropylene, aromatics, naphtha
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [TotalEnergies](https://endata.com/companies/9252.md) (partner)
- [TotalEnergies](https://endata.com/companies/9252.md) (target)
- [INEOS](https://endata.com/companies/9807.md) (acquirer)
- [INEOS O&P USA](https://endata.com/companies/19489.md) (acquirer)

## Sources

- [chemengonline.com](https://www.chemengonline.com/ineos-completes-acquisition-of-totalenergies-petrochemical-assets-at-lavera-france/), 2024-04-01: "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."
- [modernplasticscanada.com](http://modernplasticscanada.com/2024/04/03/ineos-takes-a-major-step-forward-in-southern-france-completing-the-acquisition-of-totalenergies-petrochemical-assets/), 2024-04-03: "We are very pleased to confirm that today we have completed the acquisition of TotalEnergies’ petrochemicals assets at Lavera."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.