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Sasol completes divestment of 50% share in US Gemini HDPE

by ChemOrbis Editorial Team - content@chemorbis.com
  • 06/01/2021 (11:19)
According to press release, Sasol Chemicals North America LLC successfully completed the divestment of its 50% equity stake in US Gemini HDPE on December 31, 2020.

INEOS Olefins and Polymers USA has become 100% owner of the US company after acquiring a 50% stake for $404 million. The company will operate under the name of INEOS Gemini HDPE LLC, the release added.
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