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Morgan Stanley's integrated supply alliance with Ineos

In July 2007 investment bank Morgan Stanley sealed a long-term oil supply agreement with the refining arm of Ineos, the third-largest chemicals company in the world, which manufactures 30 million tonnes of petrochemicals and 20 million tonnes of refined products a year.

The deal, which was structured around Ineos' current finance arrangements, covers two international jurisdictions and involves the

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