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Ineos, Solvay add assets in Germany and possibly UK to divestment package for EU approval of chlorvinyls JV
10:03 AM MDT | March 11, 2014 | Ian Young
Ineos and Solvay have added assets at Wilhelmshaven, Germany, and they may have to add assets at Runcorn, UK, to the revised package of divestments submitted to the European Commission in late February, to secure antitrust approval for the companies' proposed European chlorvinyls joint venture. Ineos and Solvay say in a statement that the commission "has decided to market test an alternative remedy package" consisting of polyvinyl chloride (PVC) and vinyl chloride monomer (VCM) plants at Wilhelmshaven; and "potentially" ethylene dichloride...
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