M&A Deal Summary |
|
|---|---|
| Date | 2023-12-08 |
| Target | LyondellBasell - Ethylene Oxide & Derivatives Business |
| Sector | Chemicals |
| Buyer(s) | INEOS Group AG |
| Sellers(s) | LyondellBasell |
| Deal Type | Divestiture |
SEARCH BY
Try For Free 7-Day Free Trial
INEOS is a global manufacturer of petrochemicals, speciality chemicals and oil products. It comprises 18 businesses each with a major chemical company heritage. Its production network spans 67 sites in 16 countries throughout the world. INEOS is a young company. It has grown to become a leading chemical company with sales today of around $40 billion.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector (Chemicals) | 3 of 3 |
| Type (Divestiture) | 3 of 3 |
| State (Texas) | 1 of 1 |
| Country (United States) | 2 of 2 |
| Year (2023) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-06-29 |
BP - Global Aromatics and Acetyls Business
Switzerland BP plc - Global Aromatics and Acetyls Business comprise 15 sites across the world (5 in the Americas, 2 in Europe, and 8 in Asia) as well as 10 leading joint ventures. Aromatics provides the building blocks for the global polyester industry, the key to fibers, films, and packaging. Acetyls support a wide range of downstream industries in food flavoring and preservation, pharmaceuticals, paints, adhesives, and packaging. |
Buy | $5M |
| Category | Company |
|---|---|
| Founded | 1955 |
| Sector | Chemicals |
| Employees | 20,000 |
| Revenue | 41.1B USD (2023) |
LyondellBasell is a large plastics, chemicals and refining companies in the world. Driven by its 13,000 employees around the globe, LyondellBasell produces materials and products that are key to advancing solutions to modern challenges like enhancing food safety through lightweight and flexible packaging, protecting the purity of water supplies through stronger and more versatile pipes, and improving the safety, comfort and fuel efficiency of many of the cars and trucks on the road. LyondellBasell sells products into approximately 100 countries and is the world's largest licensor of polyolefin technologies. LyondellBasell Industries was founded in 1955 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 5 |
| Sector (Chemicals) | 4 of 4 |
| Type (Divestiture) | 4 of 4 |
| State (Texas) | 1 of 1 |
| Country (United States) | 2 of 2 |
| Year (2023) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-03-13 |
Mepol Group
Riese Pio X, Italy Mepol Group is a manufacturer of recycled, high-performing technical compounds located in Italy and Poland, consisting of Mepol S.r.l. and its subsidiaries Polar S.r.l. and Industrial Technology Investments Poland Sp.z.o.o. Mepol Group is based in Riese Pio X, Italy. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-01-16 |
National Petrochemical Industrial
Yanbu, Saudi Arabia National Petrochemical Industrial (NATPET) is a Saudi Arabian company producing a wide range of polypropylene product mix of (Homopolymers, Random & Heterophasic Copolymers) that is suitable for a wide variety of applications. National Petrochemical Industrial was founded in 2009 and is based in Yanbu, Saudi Arabia. |
Buy | - |
