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European Commission clears Seal Sands site acquisition
04
Aug '08
INEOS Nitriles confirms that it has received unconditional clearance from the European Commission for the purchase of the Seal Sands site on Teesside (UK) from BASF plc, a subsidiary of the German chemical company BASF.

INEOS expects the acquisition to be completed within the next month.

Comments Rob Nevin, INEOS Nitriles CEO: "We are delighted that we are now able to proceed towards completion of the acquisition of the Seal Sands site, which is an important step forward for our customers and the development of INEOS."

INEOS

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