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Solutia Acquires Film Manufacturing Assets in Taiwan

8:24 AM MDT | March 24, 2011 | Rebecca Coons

Solutia says it has agreed to acquire certain high-tech film manufacturing assets of Aimcore Technology (Taiwan) for $7 million. The company says the deal will enable it to increase capacity to produce Flexvue film components, which are used in touch screens, solar applications, and e-readers. The capacity is expected to come online in the second half of 2011. "This acquisition will strengthen Solutia's position at the forefront of the high-technology electronic films market and bolster the company's ability to meet growing demand for our products in the...

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