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Article: United States: CEPSA announces the merger of its petrochemical subsidiaries and Activities into a single company.
- Article from:
- TendersInfo
- Article date:
- May 31, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: mayur03
Ertisa, Interquisa and Petresa will be merged into one company called CEPSA Quimica, S.A. Fernando Iturrieta, CEPSA s Senior Vice President of Petrochemicals, will assume the position of Chief Executive Officer of CEPSA Quimica.
The new organizational model will enhance the competitiveness and strengthen and drive the capabilities of the company s petrochemicals segment, maximizing cost efficiencies. CEPSA has approved the decision to merge its three chemical subsidiaries- ERTISA, INTERQUISA and PETRESA into a single company called CEPSA Quimica, S.A. that will likewise ...
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