Gemini HDPE

Activity by year

2020202120222023202420252026

Acquisition

Jul 22, 2021ACQUISITIONLa Porte, Texas, United States$404.0M
Ineos to acquire Sasol's 50% stake in Gemini HDPE joint venture for $404M
Ineos has agreed to acquire Sasol's 50% membership interest in Gemini HDPE LLC for $404 million. Gemini is a toll manufacturer of bimodal HDPE products located in La Porte, Texas.
Sasol target INEOS acquirer Gemini HDPE target #Specialty Chemicals #Plastics and Polymers jjchem.net
Nov 24, 2020ACQUISITIONUnited States$600.0M
INEOS O&P USA to acquire Sasol's stake in Gemini HDPE
INEOS O&P USA agreed to acquire Sasol's ownership of Gemini HDPE LLC. Gemini HDPE amended its Term Loan B to $600 million to fund the acquisition, and INEOS will commit to 100% capacity utilization for 15 years.
Sasol target INEOS O&P USA acquirer Gemini HDPE target #Plastics and Polymers ineos.com
Nov 24, 2020ACQUISITIONLa Porte, Texas, United States$404.0M
INEOS to acquire Sasol's 50% stake in Gemini HDPE for $404M
INEOS Olefins and Polymers USA agreed to acquire Sasol Chemicals North America LLC's 50% equity stake in Gemini HDPE LLC for $404 million, making INEOS the sole owner of the plant in La Porte, Texas. The acquisition is expected to close on December 31, 2020.
Sasol Sasol target INEOS acquirer Gemini HDPE target #Plastics and Polymers chemorbis.com listcorp.com

Acquired by

Loading…