in this issue
World News and Views :: Top of the News
Ineos in Preliminary Partnership Discussions with Mideast Investors
7:24 AM MDT | March 15, 2010 | Natasha Alperowicz
Ineos is in preliminary discussions about the possibility of bringing in joint venture partners for, or selling, some of the company's assets, U.K. press reports say. The reports, quoting Tom Crotty, CEO at Ineos Olefins, say the company is in discussions with Mideast investors including Sabic and Petrochemical Industries Co. (Kuwait City). International Petroleum Investment Co. (Abu Dhabi) is also a possible partner, sources say. Ineos says that the company has been pursuing plans in the past 18 months to strengthen its balance sheet. "We have been looking...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee