Ineos completes acquiring Flint Hills intermediates business

Ineos completes acquiring Flint Hills intermediates business

10:04 AM, 5th December 2018
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LONDON, UK: Ineos Enterprises has completed the acquisition of the chemical intermediates business of Flint Hills Resources (known as ‘Flint Hills Resources Joliet’).

The transferred business, workforce and production facilities will be traded as Ineos Joliet.

The business manufactures purified isophthalic acid (PIA), trimellitic anhydride (TMA) and maleic anhydride (MAN) at its production facility located near Chicago, Illinois and has offices and distributions centres located in the USA, Europe and Asia. The products made in the USA are distributed globally and used in a diverse range of end use applications such as coatings, clothing, paints and gasoline additives.

“I am very pleased to have completed the acquisition of the Flint Hills Intermediates business and I look forward to working with its people as we integrate the business into Ineos Enterprises,” said Ashley Reed, CEO Ineos Enterprises.

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