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  • 04.12.2020 – 10:23

    Gunvor Group

    Gunvor Launches New US $540 Million Biodiesel Borrowing Base

    Geneva (ots/PRNewswire) - Banks demonstrate strong support for feedstocks that meet European Green Deal Gunvor Group ("Gunvor", "the Company") has successfully closed a new US $540 million borrowing base facility (the "Facility") to support the Company's biodiesel trading activity. The Facility drew strong support among Gunvor's banking partners, which align with its strategy to promote cleaner products with greener ...

  • 02.12.2020 – 06:10

    LyondellBasell; Sasol Limited

    LyondellBasell and Sasol Complete Louisiana Joint Venture Transaction

    Houston and Johannesburg (ots/PRNewswire) - LyondellBasell (NYSE: LYB), one of the largest plastics, chemicals and refining companies in the world, and Sasol (JSE: SOL, NYSE: SSL), a global integrated chemicals and energy company, today announced the closing of their Louisiana-based Integrated Polyethylene Joint Venture (JV) transaction following required regulatory ...

  • 16.11.2020 – 06:30

    Sasol

    Sasol announces beneficial operation of Louisiana low-density polyethylene (LDPE) unit

    Lake Charles, La. (ots/PRNewswire) - Seventh unit marks completion of Lake Charles Chemicals Project Sasol today announced our LDPE unit reached beneficial operation on 15 November 2020. The LDPE unit is the seventh and final Lake Charles Chemicals Complex unit to come online. The LCCP is now 100 percent complete with total capital expenditure forecast to be within the ...

  • 13.11.2020 – 15:08

    Gunvor Group

    Gunvor Successfully Closes USD 1.225 Billion Revolving Credit Facility

    Geneva (ots/PRNewswire) - Gunvor Group Ltd ("Gunvor" or the "Group") has signed a USD 1.225 billion revolving credit facility ("RCF" or "Facility") in favour of Gunvor International B.V. and Gunvor SA. Initially launched at USD 1 billion, the Facility received strong support from Gunvor's banking partners and showed substantial over-subscription of 22.5%. "The strong, ...

  • 02.10.2020 – 07:56

    LyondellBasell and Sasol Limited

    LyondellBasell and Sasol form Integrated Polyethylene Joint Venture

    Houston and Johannesburg (ots/PRNewswire) - - LyondellBasell to acquire 50 percent of certain Sasol assets in Louisiana LyondellBasell (NYSE: LYB) and Sasol (JSE: SOL) (NYSE: SSL) today announced they have entered into a definitive agreement to form a 50/50 joint venture (JV) through which LyondellBasell will acquire 50 percent of Sasol's 1.5 MM ton ethane cracker, 0.9 ...