BASF To Combine Polymers Business.(Brief Article)

Plans are underway at BASE AG, Ludwigshafen, Germany, and Shell Petroleum--part of the Royal Dutch/Shell Group, The Hague, The Netherlands--to combine the companies' polyolefins businesses. The move is expected to create one of the world's largest polymers operations, with annual combined revenues of more than $6 billion. According to the companies, the joint enterprise will represent the world leader in polypropylene production and rank fourth in polyethyl