INEOS takes a major step forward in Southern France with the acquisition of TotalEnergies’ petrochemical assets at Lavera
05 Jul 2023
INEOS has signed a deal to acquire TotalEnergies’ 50% share of Naphtachimie, Appryl , Gexaro and 3TC, which are all currently joint ventures between the two companies. A number of other infrastructure assets are also contained in the deal including part of TotalEnergies ethylene pipeline network in France. This strategic deal will fully integrate the Naphthachimie, Gexaro and Appryl petrochemical businesses, assets and infrastructure into INEOS Olefins & Polymers South at Lavera in Southern France.