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Announced

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International Chemical Investors completed the acquisition of sulphur chemicals business from INEOS.

Synopsis

International Chemical Investors, a firm that offers industrial holding of mid-sized chemicals and pharmaceutical businesses, completed the acquisition of sulphur chemicals business from INEOS, a global manufacturer of petrochemicals, speciality chemicals and oil products. Financial terms were not disclosed. “I am very pleased to have completed the sale of the INEOS Sulphur Chemicals business, which now becomes part of a strategic business unit within International Chemical Investors Group. The business is an attractive addition to WeylChem’s advanced intermediates and reagents portfolio that will help secure future development and growth, to meet customer needs in Europe," Ashley Reed, INEOS CEO.

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