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Ineos to buy Mitsui Chemicals' polyacrylonitrile business

6:46 AM MDT | May 27, 2013 | Natasha Alperowicz

Ineos Barex , a subsidiary of Ineos, has agreed to acquire Mitsui Chemicals’ polyacrylonitrile (PAN) business including PAN resin and Zexlon film, the company announced today. The deal, comprising the sales, marketing, and supply of PAN resin and Zexlon film, is expected to be completed on 1 August 2013. The agreement brings together complementary capabilities and synergies of both businesses and secures the long-term supply of PAN resin and Zexlon film to Mitsui customers across Asia.  It supports Ineos Barex’s long-term strategic goals and...

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