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INEOS Oxide acquires oxo alcohol business of Arkema
Mar 08, 2017 (MarketLine Financial Deals Tracker via COMTEX) -- (c) 2001-2016 Marketline. All rights reserved. Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Marketline shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon.

INEOS Oxide, a Belgium-based producer of ethylene oxide, propylene oxide and a range of solvents and specialty chemicals, has acquired the oxo alcohol business of Arkema SA, a France-based producer of industrial chemicals. Announcement (January 26, 2017): INEOS Oxide has agreed to acquire the oxo alcohol business of Arkema. The transaction include the acquisition of Arkema's stake in Oxochimie, a France-based joint venture between INEOS and Arkema engaged in producing oxo alcohols.

Deal Participants

Deal Rationale

The acquisition will allow INEOS to enhance its global market presence in oxo alcohols, aldehydes and derivatives.


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