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Chemical Week Magazine :: Business & Finance :: United States/Americas
Mexichem completes buy of PolyOne’s vinyls resin assets
6:29 AM MDT | June 7, 2013 | —Deepti Ramesh
Mexichem (Tlalnepantla, Mexico) has completed the previously announced acqusiition of PolyOne’s vinyl dispersion, blending, and suspension resin assets for $250 million in cash. Assets transferred included manufacturing plants at Pedricktown, NJ; and Henry, IL, as well as a resin research facility at Avon Lake, OH. PolyOne will continue to own and operate its Geon performance materials and specialty coatings businesses, which produce vinyl-based formulations, plastisols, and powder coatings marketed under the Geon brand name. “With this acquisition...
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