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Solvay closes investment in Canada composites firm

3:54 AM MST | January 14, 2014 | Francinia Protti-Alvarez

Solvay Specialty Polymers, a Solvay subsidiary, has closed a previously announced investment in Aonix Advanced Materials (Ottawa), acquiring a minority stake in the company, Aonix has announced. The investment lays the foundation for a partnership that will be a leader in the fast-growing market for thermoplastic composites, Aonix says. Financial details of the deal have not been disclosed. The partnership will provide Aonix with ready access to Solvay’s extensive portfolio of polymers and expertise to help expand the range of applications possible for...

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