Occidental Petroleum Corp said it has completed the acquisition of Shell Oil Cos vinyl chloride monomer business for undisclosed terms. Shell is a subsidiary of Royal Dutch/Shell Group &lt;RD> &lt;SC>. The company said the transaction will allow it to source over half its vinyl chloride monomer requirements internally making it fully integrated in polyvinyl chloride production. It has been buying all of its requirements.
OCCIDENTAL <OXY> BUYS SHELL VINYL CHLORIDE UNIT