Posted in | News | Plastics and Polymers

Solvay Closes Sale of Industrial Foils Business to Renolit

Apr 4 2006

Solvay SA has announced that it has closed the sale of its Industrial Foils business to Renolit AG, following the relevant social procedures and approval of the European competition authorities. The activities concerned include the production, marketing and sales of plastic foils. The agreed price of the transaction between Solvay and Renolit is EUR 330 million.

Renolit A.G. is a manufacturer of high-quality thermoplastic films for the purpose of surface finishing and for other technical applications.

http://www.Solvay.com

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