ENEOS acquires MOL's 49% stake in synthetic rubber joint venture

ENEOS Materials Corporation agreed to acquire MOL's 49% stake in ENEOS MOL Synthetic Rubber Kft (EMSR), giving ENEOS 100% ownership. The transaction is expected to close in Q1 2025, subject to regulatory approval.

“Under the terms of the agreement, EMSR will continue its production activities at the Tiszaújváros plant and MOL will remain a key feedstock, utility and service provider of the company.”molgroup.info

• 1 source
• molgroup.infoENEOS acquires MOL’s 49% stake in ENEOS MOL Synthetic Rubber Kft - Investor News - Investor Relations - MOL GroupNov 29, 2024

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