Baton Rouge, Louisiana – ExxonMobil Corp has acquired a rubber production facility of Lion Copolymer Services LLC in Baton Rouge, Louisiana, according to the local newspaper Baton Rouge Business Report.
The plant, which was formerly owned by the now-bankrupt East-West Copolymer, was bought by Lion Copolymer in May.
According to the Business Report, ExxonMobil acquired the plant for $5.6 million (€4.7 million) on 15 Aug.
The sale includes three tracts of land spanning roughly 94 acres.
Citing ExxonMobil spokeswoman Stephanie Cargile the report said that the chemical giant will…