On August 2 2021, INEOS Enterprises completed the sale of its Sulphur Chemicals business in Spain to WeylChem Group, the fine chemicals platform owned by International Chemical Investors Group.
Duff & Phelps, A Kroll Business, served as the exclusive financial advisor to Ineos Enterprises and ran a lender education process in connection with the sale of its Sulphur Chemicals business to International Chemical Investors Group
About the Sulphur Chemicals business
INEOS Sulphur Chemicals Spain SLU is the largest dedicated manufacturer of sulphuric acid and oleum in Spain serving multiple-end applications ranging from agriculture to chemical intermediates. The Company has a capacity of 400k tonnes per year with an excellent sustainability footprint and strategical location in the port of Bilbao, Northern Spain.
INEOS Sulphur Chemicals Spain SLU was a subsidiary of INEOS Enterprises, a global market leader in the production of intermediary chemicals.
INEOS is one of the world's largest chemical producers and a significant player in the oil and gas market. INEOS is the UK's largest privately owned company with sales of $91 billion and operations worldwide.
WeylChem Group of Companies is the fine chemicals platform of the International Chemicals Investors Group. With nine companies in Europe and North America, WeylChem employs more than 1,380 people
About International Chemical Investors Group
International Chemical Investors is a privately owned industrial group with operations in fine chemicals, pharmaceuticals, agrochemical, polymer and specialty chemicals industries with sales in excess of € 2 billion and more than 5,300 employees worldwide.