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INEOS has completed the sale of its Melamines & Paraform business to Prefere Resins, including sites in Mainz (Germany), Springfield (US), Frankfurt (Germany), and Surabaya (Indonesia). 270 employees are being transferred to Prefere.
INEOS Enterprises has agreed to sell its INEOS Melamines & Paraform business to Prefere Resins Holding GmbH. The deal includes sites in the USA, Germany and Indonesia, and is subject to regulatory approval, expected to complete in Q2 2019.