ADVERTISEMENT
2 /3 FREE ARTICLES LEFT THIS MONTH Remaining
Chemistry matters. Join us to get the news you need.

If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)

ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.

ENJOY UNLIMITED ACCES TO C&EN

Business

Solutia Buys Solar Film Firm

by Melody Voith
March 8, 2010 | APPEARED IN VOLUME 88, ISSUE 10

Continuing to build its solar materials portfolio, Solutia has agreed to buy German film maker Etimex Solar from parent company Alpha Gruppe for $327 million. Solutia emerged from bankruptcy in early 2008 as a slimmed-down specialty chemical firm. Etimex supplies photovoltaic manufacturers with fast-curing ethylene vinyl acetate encapsulants and thermoplastic polyurethane films that do not require curing. The products will join Solutia’s Saflex line of polyvinyl butyral (PVB) encapsulants adapted for the solar industry from products originally used to make architectural and automotive safety glass. Solutia’s newest PVB film is less sensitive to damage from moisture and features embossed microchannels on its surface that are intended to speed up the vacuum encapsulation process. Jefferies & Co. stock analyst Laurence Alexander says, “Acquiring Etimex should help diversify Solutia’s end-market mix, increasing the company’s exposure to the faster growth photovoltaic market.”

X

Article:

This article has been sent to the following recipient:

Leave A Comment

*Required to comment