INEOS Group acquires Borealis AS and secures ownership of Noretyl Cracker at Rafnes
05 6 2007
INEOS Group today announced it has reached agreement to acquire the Borealis AS petrochemical business in Norway for EUR 290 million, debt free. The deal includes 50% of the Noretyl ethylene cracker at Rafnes and associated downstream, integrated businesses at the nearby Bamble polyolefins site.