Solvay Seeks Rest Of Thailand’s Vinythai | December 21, 2009 Issue - Vol. 87 Issue 51 | Chemical & Engineering News
Volume 87 Issue 51 | p. 22 | Concentrates
Issue Date: December 21, 2009

Solvay Seeks Rest Of Thailand’s Vinythai

Department: Business
Keywords: Thailand, epichlorohydrin

Solvay has launched a tender offer worth roughly $110 million for the 50% of Vinythai, a Thai producer of chlor-alkali and polyvinyl chloride, that it doesn’t already own. Solvay says it wants to support the development of Vinythai, including its $240 million project to build an epichlorohydrin plant that uses glycerin, rather than petrochemicals, as a raw material. Solvay recently transferred its stake in the project to Vinythai (C&EN, Oct. 5, page 22).

 
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