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INEOS Aromatics has completed a US$70 million modernisation of its PTA plant in Merak, Indonesia, that will significantly reduce emissions and increase capacity.
Here is a look back at some of Rigzone s most viewed downstream-related articles from the past week.
Based on recent pageview figures, Rigzone’s downstream readers showed considerable interest in news about the sale of some BP assets and the cashflow challenges of another supermajor. Keep reading for this summary of three of the top downstream-related articles from the past week.
Already a major player on the global petrochemicals scene, Ineos reported that it has expanded its footprint by acquiring BP’s worldwide aromatics and acetyls businesses. The $5 billion deal adds 15 sites in the Americas, Europe and Asia and 10 joint ventures to Ineos’ holdings. Ineos stated the former BP units, now known as Ineos Acetyls and Ineos Aromatics, will extend its portfolio and geographic reach.