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LyondellBasell to acquire SJS Plastiblends in India

by ChemOrbis Editorial Team -
  • 10/08/2015 (14:42)
According to a press release on LyondellBasell’s website, the company has finalized an agreement to acquire SJS Plastiblends Pvt. Ltd (SJS), a PP compounds manufacturer in Maharashtra, India. LyondellBasell is reportedly aiming at further improving the company’s presence in India’s automotive market through this acquisition.

The agreement was signed on August 7, 2015 and the transaction is slated to be finalized by the end of 2015.

India is currently the fourth largest growth market for the automotive sector around the globe.
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