TITLE

Solutia Inc. buying out partner

AUTHOR(S)
Esposito, Frank
PUB. DATE
December 2005
SOURCE
Plastics News;12/5/2005, Vol. 17 Issue 40, p35
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that Solutia Inc. is buying out a partner's share in a Mexican plastics joint venture for $19.6 million. In the deal, Solutia is buying Vitro Plan SA de CV's 51 percent stake in Quimica M SA de CV, a venture that makes polyvinyl butral interlayers for the glass market at a plant in Puebla, Mexico. According to company officials, the acquisition will enhance Solutia's position in the market for laminated glazing interlayers. Solutia will continue to supply Vitro Plan and related firms with the interlayers.
ACCESSION #
19173003

 

Related Articles

  • …but carries on buying. Gibson, Jane // ICIS Chemical Business;1/8/2007, Vol. 2 Issue 48, p7 

    This article states that in mid-December 2006 chemical manufacturer Solutia agreed to buy Akzo Nobel's stake in Flexsys, its 50:50 rubber chemicals joint venture. It will also acquire Akzo Nobel's Crystex business in Japan. The proposed transaction is subject to approval by the US Bankruptcy...

  • Middle Market M&A Increases In Q3. Burton, Paul // Investment Dealers' Digest;11/19/2010, Vol. 76 Issue 43, p8 

    The article discusses the merger and acquisition (M&A) activities of the middle market companies in the third quarter of 2010. It mentions that the number of M&A transactions have increased in the third quarter of 2010 which GF Data Resources LLC chief executive officer Andrew Greenberg predict...

  • Joint venture agreement pairs craft beer pioneers. Dedrick, Jay // ColoradoBiz;Jan2011, Vol. 38 Issue 1, p16 

    The article offers information on the business partnership between craft brewing industries Breckenridge and Wynkoop in Colorado. According to the Denver-based holding companies, the 50-50 joint venture will promote the preservation of established brand identities wherein both parties will have...

  • BUSINESS NEWS. Lozowski, Dorothy // Chemical Engineering;Jan2012, Vol. 119 Issue 1, p55 

    The article looks at engineering business news through December 2011. Contracts, mergers and acquisitions are discussed, including the selection of Outotec Oyj by Cristal Global to build a processing plant, the acquisition of Verichem Inc. by Laxcess AG, and the launch of a venture-capital...

  • NEWS.  // Canadian Plastics;Jan2006, Vol. 64 Issue 1, p10 

    This section presents news briefs related to the plastics industry in Canada as of January 2006. An agreement was signed by Celanese Corp. to sell its cycloolefine copolymer business to a joint venture of Daicel Chemical Industries Ltd. and Polyplastics Co. Ltd. A definitive agreement was...

  • NEWS BRIEFS.  // Plastics News;4/28/2008, Vol. 20 Issue 8, p19 

    The article offers news briefs related to the plastics industry. Clariant International Ltd. and Zhejiang Baihe Chemical Holding Group plan to expand their organic pigment joint venture by building a factory to make quinacridone pigments. According to the Assocomaplast trade association, Italian...

  • NEWSCLIPS.  // Plastics News;10/3/2011, Vol. 23 Issue 28, p0003 

    The article offers news briefs related to the plastics as of October 3, 2011. The acquisition of all the assets of Cosworld-Primapack, including its entire global staff by the Topline. Eco Bio Plastics Midland Inc. (EBP) is planning for a new joint venture for creating job opportunities by...

  • NEWSCLIPS.  // Plastics News;2/19/2007, Vol. 18 Issue 51, p3 

    The article presents several news briefs related to the plastics industry. Langbroek, Netherlands-based Aalberts Industries NV will buy injection molder Lasco Fittings Inc. from engineering firm Tomkins PLC. East Berlin, Germany-based Heise Industries Inc., a major producer of blow molds, is...

  • Solutia Reviews its JV Businesses.  // Chemical Week;9/27/2000, Vol. 163 Issue 36, p5 

    Reports on the review of the joint venture businesses of Solutia as of September 2000. Stakes owned by the company in Advanced Elastomer Systems and Flexsys; Amount of debt securities, stocks and warrants to be sold by the company.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics