10 October 2011 – Slaughter and May advised INEOS Industries Holdings Limited (INEOS) on the completion of the 50/50 joint venture with BASF SE to combine their global business activities in styrene monomer, polystyrene, acrylonitrile butadiene styrene, styrene butadiene block copolymers and other styrene based copolymers as well as copolymer blends and compounds. The joint venture is called Styrolution and is expected to generate annual sales of more than EUR5 billion.
INEOS is the world’s third largest chemicals group and a leading manufacturer of petrochemicals, speciality chemicals and oil products.
