Basell purchases ethylene cracker from BP-PdVSA JV
03 Jan '07
2 min read
Basell is the largest producer of polyethylene in Europe, with plants in Germany, France, the UK and Poland, where it is a partner in the Basell Orlen Polyolefins joint venture. Earlier this year, to strengthen the company's ethylene integration, Basell acquired the remaining 50% interest in Société du Craqueur de l'Aubette (SCA) from its former partner in the French cracker joint venture, Shell Pétrochimie Méditerranée.
“Competitive feedstock is a defining factor in our industry and the cracker in Münchsmünster further fortifies our PE business in Europe,” said Trautz.