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Chemical Week Magazine :: Business & Finance :: Europe/Mideast

Basell Buys German Cracker from BP-PdVSA Venture

8:39 AM MDT | July 30, 2007 | 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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