Home breadcru News breadcru Company breadcru EC clears INEOS to buy BP's German Bu

EC clears INEOS to buy BP's German Bu

11 Aug '06
2 min read

As a result, imports of ethylene glycols into the EEA market will increase. Given the number of market players and their ability to divert part of their ethylene glycols production into the ethylene oxide merchant market, the Commission concluded that there would be sufficient alternative suppliers.

The BP Dormagen Business consists of a plant located in Köln/Dormagen (Germany) manufacturing ethylene oxide and ethylene glycols and is currently controlled by BP.

Ethylene oxide is used for the production of glycols, mainly used in the textile industry, and as an intermediate for the production of other derivatives, such as detergents, refrigerants or personal care among.

INEOS is a leading global manufacturer of specialty and intermediate chemicals and comprises 11 businesses each with a major chemical company heritage.

INEOS

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!