Eneos Materials Takes Full Control of Hungarian SSBR JV

Eneos Materials will make Eneos MOL Synthetic Rubber (EMSR), a Hungarian consolidated subsidiary that manufactures and sells solution-polymerized styrene-butadiene rubber (SSBR), into its wholly owned subsidiary by acquiring all shares held by the MOL Group (MOL). MOL, as a shareholder of EMSR, has been primarily responsible for supplying raw materials, utilities and various services to EMSR. The companies have agreed…

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