Composite materials
INEOS Restructures Operations: Sells Composites Business, Closes Plants
December 9, 2024 – In a significant strategic move, global chemical giant INEOS has announced a formal agreement with renowned private equity firm KPS to sell its entire composites business division. The transaction, valued at approximately 1.7 billion euros, is expected to be smoothly completed in the first half of 2025. INEOS’ composites business encompasses…