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Celanese puts 2 acetyl plants in Europe up for sale
Celanese says it plans to launch a sale process for its acetic anhydride plant at Roussillon, France, and its vinyl acetate monomer (VAM) plant at Tarragona, Spain. Celanese says it is "taking the appropriate time to find a credible buyer for both units...

Elix Polymers signs ABS distribution agreement with Velox
Elix Polymers (Tarragona, Spain) has signed an agreement with Velox (Hamburg) for the distribution of Elix's acrylonitrile butadiene styrene (ABS) and styrene acrylonitrile (SAN)–based polymer modifier products in Germany, Austria, Switzerland, Italy...

EIB awards €200-million loan to Repsol for R&D program
The European Investment Bank (EIB; Luxembourg) has granted a €200-million ($256.7 million) loan to Repsol's (Madrid) R&D and innovation program, EIB and Repsol have announced. EIB will be financing various activities under the company’s...

Solvay chlor-alkali site in Spain under threat from EU mercury-cell phaseout
Production at Solvay's chlor-alkali unit at Torrelavega, Spain, could be under threat unless €30 million ($39.1 million) is invested to transform the unit from mercury-cell based technology to membrane-based technology, trade union representatives say...

Time running out for debt-burdened PET producer La Seda
Beleaguered polyethylene terephthalate (PET) producer La Seda de Barcelona (El Prat Llobregat, Spain) has one week left to finalize the refinancing of its €235-million ($299 million) debt before the company is forced into administration, according to...

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