Solvay and Arkema Disentangle Vinyls Joint Ventures in France and Spain

摘要

SolVin (Brussels) and Arkema have each bought back the minority cross-holdings in the companies' vinyl chloride monomer and polyvinyl chloride production joint ventures (jv) in France and Spain. The jv's are VinylFos, in which Arkema had 79% and SolVin 21%; VinylBerre, a 65-35 jv between Arkema and SolVin; and Vinilis, in which SolVin had 65% and Arkema 35%. The two companies say that the reorganization leaves them free to pursue individual strategies for the former jv's.