PRA Chinese
Rubber Journal Asia Injection Moulding Asia Energy, Oil & Gas Asia
VISIT OUR OTHER SITES:
PRA Chinese
Rubber Journal Asia
Injection Moulding Asia
Energy, Oil & Gas Asia
2017-2018 Exhibitions
Solvay to sell its stake in Brazilian PVC compounder to jv partners
Belgian chemical company, Solvay is selling its 50% stake in Brazil-based Dacarto Benvic to its joint venture (jv) partner companies, which will become the sole owner of the Brazilian PVC compound processor. Dacarto Benvic develops, produces and sells PVC compounds.
The sale follows Solvay’s withdrawal from PVC activities in Europe, Asia and Latin America, including the Benvic PVC compound business, which was sold in 2014.
The jv partners are Dupre Empreendimentos e Participações ltda, Tondela Empreendimentos e Participações ltda., and WR3C Empreendimentos e Participações ltda.
Closing of the transaction is expected end 2017 and is subject to customary approvals, including anti-trust.
(PRA)
Copyright (c) 2017 www.plasticsandrubberasia.com. All rights reserved.