IHS Chemical Week

Markets :: Engineering Plastics :: Acrylonitrile butadiene styrene/SAN

BASF to Receive €600 Million from Styrolution JV to Equalize Assets

2:39 AM MDT | July 5, 2011 | Natasha Alperowicz

BASF has confirmed reports in the German media that it will receive €600 million ($870 million) from Styrolution (Frankfurt), the equally owned styrenics joint venture  with Ineos, because BASF is contributing more assets into the jv. BASF will receive the compensation payment in cash from Styrolution at the closing of the jv, following the necessary approvals, a BASF spokesperson says. Closing is expected this year, the company says.   BASF and Ineos earlier this year received approval from the European Commission for Styrolution, which combines...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2012 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa