Ineos Barex to Acquire the Mitsui Polyacrylonitriles Business
Ineos Barex AG has entered into an agreement to acquire the Mitsui Polyacrylonitriles Business including PAN resin and Zexlon film from Mitsui Chemicals Inc.
This agreement allows Mitsui Chemicals Inc. to secure a long term supply of polyacrylonitrile for its current customers as it transfers ownership of the business to Ineos Barex AG.
Ineos is committed to the sustained growth of the Barex and Mitsui PAN resin and Zexlon film businesses. This agreement supports long term strategic goals and immediately gives the company a more significant presence in Asia.
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