Ineos Buys Out Sasol in Gemini HDPE JV for $404 Million
Ineos Olefins and Polymers USA has agreed terms to acquire Sasol’s 50% stake in their joint venture, Gemini HDPE LLC for $404 million, thereby, becoming 100% owner of the asset. Gemini is a toll-manufacturer of bimodal high-density polyethylene (HDPE) products serving rapidly growing pipe and film markets. Gemini HDPE plant, which has a capacity of … Read more