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Chemical Week Magazine :: Business & Finance :: Asia/Pacific

Ineos to buy Mitsui Chemicals’ polyacrylonitrile business

12:48 PM MDT | June 24, 2013 | —Natasha Alperowicz

Ineos Barex, a subsidiary of Ineos, has agreed to acquire Mitsui Chemicals’ polyacrylonitrile (PAN) business, including PAN resin and Zexlon film, Ineos says. The deal, comprising the sales, marketing, and supply of PAN resin and Zexlon film, is expected to be completed on 1 August. The agreement brings together complementary capabilities and synergies of the two businesses and secures the long-term supply of PAN resin and Zexlon film to Mitsui customers across Asia, Ineos says. The deal immediately gives the company a more significant presence in Asia. The...

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