|Published: 2018-08-31 um 11:56 Uhr||Options:|
Ineos Styrolution, a global leader in styrenics, announced today that it signed an acquisition agreement with Total S.A. for two polystyrene (PS) production sites in China. The deal includes the purchase of the wholly owned Chinese PS business including two production sites in Ningbo and Foshan and two related offices in Guangzhou and Shanghai. The transaction is subject to approval by the regulatory authorities.|
The Foshan site is located in the Guangdong Province in South China. The Ningbo site is located in the Zhejiang Province south of Shanghai in Eastern China. The annual nameplate capacity of each site is 200kt per year.
Ineos Styrolution Group GmbH, Frankfurt, Germany