ineos to acquire lyondellbasell’s ethylene oxide and derivatives business
ineos announces agreement with lyondellbasell to acquire its ethylene oxide and derivatives business, including bayport, texas underwood factory. the transaction includes a 420,000-tonne ethylene oxide plant, a 375,000-tonne glycol plant and a 165,000-tonne glycol ether plant, as well as all related third-party operations on site, and is valued at $700 million. ethylene oxide plays an…
