IHS Chemical Week

Markets :: Basic Chemicals :: Petrochemicals :: Vinyl acetate

Wacker to Buy Out Air Products in Polymer Joint Ventures

2:06 PM MST | December 14, 2007 | Nancy Seewald

Wacker-Chemie says it has agreed to acquire the shares it does not already own in two vinyl acetate ethylene-based emulsion polymer joint ventures with Air Products, for approximately $265 million. Air Products announced its intention to sell its shares in March 2006 as part of an effort to shed lower-margin chemical businesses (CW, March 29, 2006, p. 6). Wacker currently holds a 35% stake in a U.S.-based jv, and an 80% stake in a European jv. The deal is expected to close by the end of the first quarter of 2008, pending regulatory approval. The deal includes...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa