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Ineos completes acquisition of Sasol's solvents business in Germany

8:21 AM MDT | June 2, 2014 | Natasha Alperowicz

Ineos announced today that, following clearance from the European Commission, it has completed the acquisition of the Sasol's solvents assets in Germany and the associated production facilities at Moers, Germany, on the Lower Rhine River; and Herne, in Germany's industrial Ruhr district. The new business complements Ineos’s portfolio and expertise and provides integration opportunities with its existing manufacturing sites in Germany, the company says. Wolf Haenel will lead the new business as COO. It will be part of Ineos Enterprises, a stand-alone...

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