7 articles
Major mergers including Olin-Huntsman and asset acquisitions by Aequita and Mutares are reshaping the global chemical industry. These moves emphasize vertical integration and capacity consolidation, s
AEQUITA launched Velogy to drive regionalisation and supply security amid Europe's petrochemical crisis. The new entity plans to acquire further assets while prioritizing agility over cost competition
BASF, Aequita, and Huntsman are restructuring operations via closures and acquisitions, marking a global shift from scale-driven growth to sustainable value creation amidst industry oversupply.
Velogy launched as a new European polymers business formed from LyondellBasell’s assets acquired by AEQUITA. The Rotterdam-based company operates four plants and plans expansion through acquiring SABI
Aequita has completed acquiring LyondellBasell’s European olefin and polyolefin assets, forming a new platform named Velogy across key production sites. LyondellBasell expects a $700–900 million loss
Munich-based AEQUITA has acquired over 6 million tons of European olefin and polyolefin capacity from LyondellBasell and SABIC, positioning itself as Europe's largest polyolefin producer while utilizi
Saudi Basic Industries Corporation (SABIC) agreed to sell its European petrochemical and global engineering plastic assets for $950 million to German buyers Aequita and Mutares. The deal aims to impro
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