Sabic strengthens in Europe

Robinson, Simon; Gibson, Jane
October 2006
ICIS Chemical Business;10/2/2006, Vol. 1 Issue 37, p5
Trade Publication
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.


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