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People & Business :: M&A

BASF, Total Combine U.S. Petrochemical JVs, Create New Name

1:59 PM MDT | September 4, 2012 | Lindsay Frost

BASF and Total Petrochemicals & Refining (TPRI) say they have consolidated their joint ventures formally known as BASF FINA Petrochemicals and Sabina Petrochemicals into one operation based at Port Arthur, TX, called BASF Total Petrochemicals. “This structure change was done to simplify the joint venture operations into one legal entity that reflected the current ownership of the facility," says Heidi Alderman, senior v.p./ BASF's North American petrochemicals business. “BASF and TPRI remain strongly committed to the Port Arthur...

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