BP announces new identity for petrochemicals company
"Innovene combines the best in our BP heritage with the focus and discipline of being independent. Our new name speaks to our aspiration to challenge ourselves and the status quo in our sector," said Ralph Alexander, CEO. "Like BP, we are a truly global company, with major operations in Asia, North America and Europe."
Innovene will be among the five largest petrochemical companies in the world and a Fortune 150-scale company, with global production of more than 15 million tonnes of petrochemicals a year.
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