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    Breaking News

    Arkema Announces Sale of Project to INEOS - Oxo Alcohols Manufacturing JV

    ...

    02.03.17
    Arkema has announced a project for the sale to INEOS of its 50 percent stake in Oxochimie, their oxo alcohols manufacturing joint venture, and the associated business.

    Arkema produces oxo alcohols on the Lavéra site (France) in a 50/50 manufacturing joint venture with INEOS. These products are used in part for the production of the Group’s acrylic esters in Europe. They are also sold on the free market for annual sales of some 40 million euros.

    As part of the program to divest €700 million sales, the Group announces the project to divest to INEOS its stake in Oxochimie, as well as the associated business. Furthermore, INEOS will continue to supply the Group’s acrylic esters units.

    The project, due to be finalized early 2017, is subject to an information and consultation process of social work councils and approval of the relevant antitrust authorities.
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    Related Breaking News

    • Additives | Breaking News | Industry News
      OQ Chemicals Corporation Declares Force Majeure for Oxo Alcohols, Aldehydes, Acids, Esters

      OQ Chemicals Corporation Declares Force Majeure for Oxo Alcohols, Aldehydes, Acids, Esters

      Due to severe weather affecting the Texas Gulf Coast area.
      02.15.21

    • Additives | Breaking News | Price Increases
      OQ Chemicals Increases Oxo Intermediates Prices in the Americas

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      Oxo Intermediates include Oxo alcohols and Oxo acetate esters.
      02.10.21

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      Arkema Showcases New Products for Permanent Paper Labels at 2017 Pressure Sensitive Tape Council

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