The JV will oversee both the plant's operations and coordinate marketing efforts for domestic distribution of acetic acid produced at the facility
British billionaire Jim Ratcliffe would be interested in buying Manchester United if the club is up for sale.
Looney acknowledged that the sale of the business, which employs 1,700 people and produced 9.7 million tonnes of petrochemicals last year, 'will come as a surprise'.
SP Tulsian of sptulsian.com cherry-picks his favorite stocks for the day on CNBC-TV18 and answers queries on Coal India and the Cement sector
Essar Energy has agreed to buy Royal Dutch Shell's Stanlow refinery in northwest England for USD 350 million, in the latest Asian push into European refining, as western oil majors withdraw.