INEOS and Solvay Intend to Establish New PVC JV

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13 Nov 2013 10:21 Jane Roberts

CHEMMONITOR.COM - INEOS, a Swiss chemicals maker, and Solvay, S.A., a chemical firm with headquarters in Belgium, plan to combine their businesses to form a polyvinyl chloride (PVC) merger.

The prospective JV, which is to be investigated by the EU commission, is expected to boost its annual earnings to around USD 5.9 billion. By merging their businesses, the two firms could also reduce marketing and transport expenditures.

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