DEXPLASTOMERS
Borealis will also acquire Exxon's stake in jv
Austrian polyolefins giant Borealis (Vienna; www.borealis.com) has announced that it will also acquire the 50% stake in DEXPlastomers (Heerlen / The Netherlands; www.dexplastomers.com) held by an affiliate of ExxonMobil Chemical (Baytown, Texas / USA; www.exxonmobilchemical.com). Plasteurope.com previously reported that Borealis had acquired the DSM stake – see Plasteurope.com of 13.11.2012. The deal, for which no price tag has been announced, is expected to close in Q1 2013, subject to regulatory approval.
20.11.2012 Plasteurope.com [223904-0]
Published on 20.11.2012