July 2007
ICIS Chemical Business;7/2/2007, Vol. 2 Issue 73, p45
Trade Publication
The article presents news briefs from the chemical industry. Asian ethylene prices have gone down as South Korea and Taiwan enhance their regional supply. Polyolefins producer Basell Polyolefins will acquire U.S. chemicals group Huntsman Corp. for $9.6 billion. Credit rating agencies are reviewing Basell's debts for likely downgrade after it announced its intention to acquire Huntsman Corp.


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