IHS Chemical Week

Markets :: Basic Chemicals :: Petrochemicals :: Vinyl chloride

Braskem acquires Solvay Indupa for $290 million

2:02 PM MST | December 20, 2013 | Clay Boswell

Solvay has announced an agreement to sell its 70.59% stake in Solvay Indupa (Buenos Aires) to Braskem for $290 million. The deal, which is subject to antitrust approval, will give Braskem a commanding position in South America’s polyvinyl chloride (PVC) market....

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