Solvay and Arkema untie European vinyls JVs

25/06/2010

Solvay today announced plans for Solvin and Arkema to buy back their minority shares in vinyls production joint ventures, making Solvin the majority shareholder of Vinilis in Spain and Arkema the sole shareholder of VinulFos and VinylBerre in France.

"This operation will enable SolVin to simplify its industrial structure in this part of the European Union", explains Enzo Morici, General Manager of Solvay's Business Unit Vinyls.


Currently, Solvay has stakes of 21% in SolVin ...
Read more on Plastics News


http://