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LyondellBasell Set to Purchase Indian Plastics Maker

from Plastics Today

Plastics and chemicals maker LyondellBasell is set to buy India-based polypropylene compounds maker SJS Plastiblends. Terms of the financial agreement have not been disclosed. The purchase will expand LyondellBasell's existing footprint in India and expand the Company’s position in India's growing automotive market. The deal is expected to be finalized in late 2015. more

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