INOVYN
Solvay exits PVC joint venture as planned
With all regulatory clearances given, Solvay (Brussels / Belgium; www.solvay.com) on 7 July announced that it had completed the divestment of its shares in PVC and VCM producer Inovyn (London / UK; www.inovyn.com). The latter is now wholly owned by former joint venture partner Ineos (Rolle / Switzerland; www.ineos.com). In line with the earlier agreement (see Plasteurope.com of 01.04.2016), Ineos paid Solvay EUR 335m for its stake in Inovyn.
11.07.2016 Plasteurope.com [234511-0]
Published on 11.07.2016
German version of this article...