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People & Business :: M&A

Vinyls Italia Is Likely to Be Carved up

6:38 AM MDT | June 1, 2011 | Peter Mapleston

The Ministry of Economic Development (Rome) was the venue last Friday of the latest meeting to discuss the increasingly bleak outlook for Vinyls Italia (Porto Marghera), a manufacturer of polyvinyl chloride (PVC) and vinyl chloride monomer (VCM) that has been under special administration since August 2009. The meeting was attended by representatives of the ministry, local authorities, Vinyls Italia’s government-appointed commissioners, and representatives of various trade unions. The commissioners said they would, “in the coming days,”...

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