

Due to the coronavirus crisis, Ineos has postponed the planned annual maintenance shutdown of its UK North Sea Forties Pipeline for almost a year, to assure its chemical feedstock customers of sufficient supply amid British government virus containment restrictions.
Azelis is strengthening its position in China with an agreement to buy CosBond, a specialty chemicals and food ingredients distributor headquartered in Hong Kong. The acquisition is expected to close within the next three months. Financial terms were not disclosed.