Arlanxeo sells Canada olefins business to Mitsubishi Corp.

MOSCOW (MRC) -- Arlanxeo is selling its Canadian olefins business, which produces butadiene and raffinate in Sarnia, Ontario, to Mitsubishi Corp. for an undisclosed sum. Arlanxeo expects the deal to close in the first half of 2021, said Chemweek.Mitsubishi Corp. intends to continue operations in Sarnia and to retain the associated employees. Arlanxeo, a producer of synthetic rubber, will

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