Ineos to sell some US assets?

ineos.jpg

The UK’s Sunday Telegraph newspaper reports that ‘Ineos, the chemicals group which is one of Britain’s biggest private companies, is considering selling assets in an effort to reduce its debt burden’. It adds that ‘the company, which has expanded rapidly through debt-fuelled acquisitions, is understood to be looking at disposing of a number of businesses in the US, according to people familiar with its plans’.

About Paul Hodges

Paul Hodges is Chairman of International eChem, trusted commercial advisers to the global chemical industry. He also serves as a Global Expert for the World Economic Forum. The aim of this blog is to share ideas about the influences that may shape the chemical industry and the global economy over the next 12 – 18 months. It looks behind today’s headlines, to understand what may happen next in critical areas such as oil prices, China and Emerging Markets, currencies, autos, housing, economic growth and the environment. Please do join me and share your thoughts. Between us, we will hopefully develop useful insights into the key factors that will drive the industry's future performance.

One Response to Ineos to sell some US assets?

  1. Robbo 13 October, 2008 at 3:53 pm #

    Have you seen this video on ICIS TV?
    http://link.brightcove.com/services/player/bcpid1842754277
    It’s all about getting your costs right…

Leave a Reply