IHS Chemical Week

Markets :: Plastics :: Polyethylene

Ineos Considers Divestment of HDPE Plants in Italy and France

10:13 AM MDT | May 9, 2012 | Sotirios Frantzanas

Ineos Olefins & Polymers Europe, a subsidiary of Ineos, says it has decided to consider the possible divestment of its high-density polyethylene (HDPE) plants at Rosignano, Italy and Sarralbe, France after a recent strategy review. Ineos says it is considering the divestment of the businesses in Italy and France because they are not integrated with the company's feedstocks. Each of the plants has the potential to grow further because of increased demand for their products, Ineos says. But the company plans to focus on the growth of its assets that are highly...

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