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Markets :: Basic Chemicals :: Inorganic Chemicals :: Chlor-alkali

Three bidders left in race to acquire debt-ridden PVC producer Kem One

8:19 AM MST | November 20, 2013 | Francinia Protti-Alvarez

The official receiver of Kem One SAS (Lyon, France), the chlor-alkali and commodity polyvinyl chloride (PVC) division of Kem One (Lyon), met with the company's staff representatives during the past two days to provide them with a progress report on the takeover process for the company and in particular on the main conditions required by the bidders for their respective takeover proposals to go ahead, Kem One has announced. The commercial court of Lyon is due to announce a final decision on 12 December—naming a buyer for Kem One SAS or announcing that...

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