Dear Sir,
Newton News has been informed that INEOS Compounds and Doeflex Compounding have announced their intention to combine their S-PVC compounding businesses.
The combined business would be run by an integrated management team from both entities. The proposed combination presents a strategic opportunity for both parties and is highly complementary to INEOS Compounds’ growth strategy.
It is subject to the applicable information and consultation procedures with employee representatives and also competition clearance from the European Commission. Until completion of the proposed combination INEOS and Doeflex will continue to run their S-PVC compounding businesses separately and it remains very much business as usual.