People & Business :: M&A
Borealis to acquire DEXPlastomers from DSM and ExxonMobil Chemical
12:16 PM MST | November 12, 2012 | Natasha Alperowicz
Borealis announced today that it has reached an agreement to acquire DEXPlastomers (Heerlen, Netherlands), an equally owned joint venture between DSM and ExxonMobil Chemical. DEXPlastomers is a producer of ExxonMobil-process Exact plastomers, and Stamylex octene comonomer linear-low density polyethylene using DSM technology. The company operates a 120,000-m.t./year solution process polyethylene facility at Geleen, Netherlands. The deal, which includes the sale of DSM's linear low-density Compact solution technology, is expected to...
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