NewsFlashArtenius UK sold to Lotte Group subsidiary - administrators
27 January 2010 12:12 [Source: ICIS news]
LONDON (ICIS news)--Artenius UK’s assets have been sold to Lotte Chemical UK, its joint administrators said on Wednesday.
The asset sale, subject to European Commission competition clearance, would result in the transfer of all the operational assets of Artenius UK, including both the PTA and PET manufacturing facilities at
Lotte Chemical UK is a subsidiary of KP Chemical Corporation, which is an affiliate of the Korean based Lotte Group.
($1 = €0.71, €1 = £0.87)
By: Franco Capaldo
+44 (0)20 8652 3214
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
| ICIS news FREE TRIAL |
| Get access to breaking chemical news as it happens. |
| ICIS Global Petrochemical Index (IPEX) |
| ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index |
Related Articles
- 11 Mar 10 13:56 Lotte Chemical UK to restart Wilton PTA plant in April
- 27 Jan 10 12:28 Artenius UK sold to Lotte Group subsidiary - administrators
Latest News
- 24 May 13 05:05 Japan’s April MMA inventory down by 19.8% from March
- 24 May 13 04:25 Indonesia’s Chandra Asri to shut PP units in end June for three days
- 24 May 13 04:16 China's Sanfangxiang Group to debottleneck Jiangsu PTA unit in June
- 24 May 13 04:05 Indian producers may raise PE, PP list prices amid weak rupee
- 24 May 13 03:50 Brazil, South America should see uniform growth for PE, PP