EU sets deadline for enquiry into Ineos' proposed acquisition of BP's units

The European Commission has set February 26 as the deadline for its inquiry into Ineos' proposed acquisition of BP's Vinyl Acetate Monomer (VAM) and Ethyle Acetate (EtAc) units. The deal comprises 500,000 tpa of production capacity at the Saltend manufacturing site near Hull, UK, along with the Teesside to Saltend Ethylene Pipeline (SEP).
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