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FRANCE SPIN-OFF
BP's Lavéra site in southern France will fully integrate refining and petrochemicals and become independent from BP France, following BP's olefins and derivatives business spin-off into Innovene, said BP France's chairman and chief executive Patrick Haas at a press conference last week.
'Close commercial links will, however, be retained,' said Haas. 'BP France will also market the full range of Lavéra's oil products...