HomeResins & Raw MaterialsIneos agrees to buy Texas acetic acid site

Ineos agrees to buy Texas acetic acid site

Ineos has reached an agreement with Eastman Chemical Company to purchase the Eastman Texas City site in the US, including the 600,000-tonne acetic acid plant and all associated third party activities on the site, for approximately $500 million. Eastman and Ineos have also entered into a Memorandum of Understanding to explore options for a long-term…

To continue reading,
please login or subscribe

Related content

Latest news

Greek streak for Tomra with Athens office

Tomra Collection has opened an office in Athens as the company aims to support Greece in attaining circularity through a deposit return scheme (DRS). Through...