BP petchem earnings decline, sale to Ineos on schedule for completion before end of year

BP petchem earnings decline, sale to Ineos on schedule for completion before end of year
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05.08.2020

MOSCOW (MRC) -- BP reports a 43% year-on-year (YOY) decline to USD47 million in second quarter earnings for its petrochemicals business, which remains on schedule to be sold to Ineos for USD5 billion before the end of the year, reported Chemweek. BP says it received proceeds from divestments and other disposals in the quarter of USD1.1 billion, including "the first payment from the agreed

Full article at mrcplast.com

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