TITLE

Sabic strengthens in Europe

AUTHOR(S)
Robinson, Simon; Gibson, Jane
PUB. DATE
October 2006
SOURCE
ICIS Chemical Business;10/2/2006, Vol. 1 Issue 37, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article offers views regarding the plan of Sabic to purchase the polymer and base chemical assets of Huntsman in Great Britain for $700 million. It infers that the deal would strengthen Sabic's presence in Europe, following the purchase of the polyolefins business of DSM for $2.25 billion in 2002. The move is expected to incur rage among European Union competition authorities.
ACCESSION #
22757069

 

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