Velogy

AEQUITA has completed the acquisition of select European olefins and polyolefins assets from LyondellBasell, creating a new independent polymers business named Velogy. The assets are located in Berre, France; Münchsmünster, Germany; Carrington, UK; and Tarragona, Spain.

The European Commission approved the acquisition of Sabic's European petrochemical activities by Aequita, which will become part of Velogy.