Keyword: Solvay

News

Takeover of insolvent PVC producer Kem One is Sealed

20.12.2013 - As expected, the Lyon, France, commercial court overseeing the Kem One bankruptcy has given the nod to the sole remaining bidder for the PVC producer. In a volte-face against the...

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Announcement on Merged Bids for Kem One Imminent

19.12.2013 - The fate of French PVC producer Kem One could be decided on Dec. 20, just before most trading activity ceases for the Christmas and New Year's holidays. Only one bidder is left in...

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Solvay to sell its stake in Solvay Indupa to Braskem

18.12.2013 - Solvay announces today it has signed a binding agreement with Braskem, Brazil's leading PVC producer, to sell its 70.59% stake in Solvay Indupa. This transaction comes after Solvay...

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Solvay in Fluoropolymers JV With Shanghai Producer

18.11.2013 - Belgian chemical group Solvay has licensed its technology for fluorinated polymers to China's Shanghai 3F New Material Co. as part of an 80:20 joint venture agreement covering...

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EU Will Investigate Ineos-Solvay PVC Merger in Depth

08.11.2013 - After initially extending its approval deadline until Nov. 5, the European Commission's (EC) competition arm has now launched an in-depth investigation into the possible effects of...

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EU Extends Approval Deadline for Solvay and Ineos Vinyls JV

28.10.2013 - The European Commission has extended until Nov. 5 its deadline to decide on approval of the planned PVC joint venture of Solvay and Ineos. In May of this year, the two companies...

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Solvay Buys Chemlogics for $1.3 Billion

08.10.2013 - Belgian chemicals and plastics maker Solvay has agreed to buy privately held Chemlogics for $1.345 billion, bringing its share of the $8 billion-a-year U.S. market for chemicals...

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Solvay and Ineos Submit Application for Clearance of Proposed Joint Venture

19.09.2013 - Further to the signing of a letter of intent to form a 50/50 Joint Venture, Ineos and Solvay have submitted their application for competition clearance to the European Commission...