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People & Business :: Companies

January 10, 2007

Basell Buys German Cracker from BP-PdVSA Venture

Ian Young

Basell says it has acquired Ruhr Oel’s steam cracker at Münchsmünster, Germany for an undisclosed amount. Ruhr Oel is a 50-50 joint venture between Petroleos de Venezuela (PdVSA; Caracas) and Deutsche BP, a BP subsidiary. The transaction...

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