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LyondellBasell acquires PP compounding business of Zylog Plastalloys

November 30, 2015

/PRNewswire/ – LyondellBasell, one of the world’s largest plastics, chemical and refining companies, today announced that it has entered into a definitive agreement to acquire the polypropylene (PP) compounding assets of Zylog Plastalloys Pvt. Ltd. (Zylog) of India. Upon completion of the acquisition, LyondellBasell will..

Indorama to acquire PET producer in India

November 30, 2015

Indorama Ventures (Bangkok) today announced that it will acquire polyethylene terephthalate (PET) manufacturer Micro Polypet Pvt. Ltd. (MicroPet; New Delhi). MicroPet’s PET plant is located at Panipat, 90 kilometers north of New Delhi and has a production capacity of 216,000 m.t./year. MicroPet is a joint..

AB InBev plans to sell Grolsch, Peroni brands

November 30, 2015

Anheuser-Busch InBev NV plans to sell two of SABMiller PLC’s best-known beer brands, as the world’s largest brewer seeks to ease European regulatory concerns over its pending acquisition of its biggest rival. AB InBev plans to sell Grolsch and Peroni, both SABMiller brands that are..

Total and Amec Foster Wheeler at the heart of new war on costs

November 30, 2015

A new drive to reduce costs in the North Sea oil and gas industry is expected to unlock up to £1billion in additional revenue through improved production efficiency and cost savings. It is led by operator Total Exploration and Production UK and engineering giant Amec..