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Basell purchases a germany cracker from BP-PDVSA Ruhr O joint venture




Emballage Digest
PARIS
Petroleumworld.com 01 10 07

Basell has purchased the cracker at the Münchsmünster, Germany petrochemical site from Ruhr Oel GmbH (ROG), a joint venture between Deutsche BP and PdVSA, the Venezuelan state-owned oil company.

The transaction, which includes sales agreements and assets associated with the cracker, has been approved by the European Commission.

Basell’s new HDPE plant in Münchsmünster, which is scheduled to start up in early 2009, will replace the plant that was damaged by an explosion and fire in December 2005.

The new plant will have an initial capacity of 120 KT and will accommodate future expansion to 150 KT.

Emballage Digest 09 01 07

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Emballage Digest.
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