News
29 June 2020

BP sells petrochemical business to Ineos for $5bn

In:
Chemicals/Petrochemicals
Region:
Europe

BP has sold its petrochemicals business to Ineos in a £4.1 billion ($5 billion) deal that will boost the oil company’s under-pressure balance sheet.Ineos, a British petrochemicals company, will immediately pay BP a deposit of $400 million, followed by $3.6 billion when the deal...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Video
22 December 2025

TXF's Year In Review

TXF's editorial team sat down to discuss their best articles and insights of the year with few forward looking trends set to emerge in 2026.

Perspective
23 December 2025

On Your Radar for 2026: The Must-Watch Trends From 2025

Explore three of the top export and commodity finance trends going into 2026, with news, in-depth articles, deals data, and event content curated by Exile Flow AI. Green...