(INEOS) -- INEOS
Group today confirmed the completion the sale of its global films
business to Bilcare AG. The completion of the sale follows the announcement to
sell the business, for the sum of ?100 million, made on August 2nd, 2010.
The global films business which had 2009 annual sales of ?240 million will
now become a part of the Bilcare group, a leading international pharmaceutical
packaging and research company.
INEOS Films division is a global producer of high quality polymer films built
on expertise and innovation. As part of the Bilcare group it will continue to
play a major role across international markets for pharmaceutical blister
packaging, films for printing and decoration, shrink film for sleeves, capsules
and plastic credit cards.
Russian polymers' market prospects are going to be discussed at Russian
Polymers Summit on October 14, 2010 organized by ICIS and MRC. For more
information please refer to http://www.polmersummit.ru/ Summit official web page.
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