December 10, 2015 News

Solvay completes Cytec acquisition

by Canadian Plastics

Belgian chemical maker Solvay has completed its acquisition of U.S.-based composite materials supplier Cytec. The US$5.5 billion purchase was first announced in July 2015. “Cytec represents a decisive milestone in Solvay’s transformation and opens up new horizons for growth and

October 14, 2015 News

Solvay buys long-fibre thermoplastics unit of Epic Polymers

by Canadian Plastics

In a move to gain wider access to metal replacement of larger automotive semi-structural parts, Belgium-based polymer maker Solvay has acquired the long-fibre thermoplastics (LFT) business unit of Epic Polymers GmbH. Headquartered in Kaiserslautern, Germany, Epic Polymers GmbH has developed

August 1, 2015 News

Solvay starts production at new fluoroelastomers plant in China

by Canadian Plastics

Belgium-based material supplier Solvay has begun production at a new fluoroelastomers plant in Changshu, China. The facility will manufacture the company’s FKM type Tecnoflon products. The facility is Solvay Specialty Polymers’ third fluorelastomer unit worldwide. According to Solvay, the production

July 29, 2015 News

Solvay buying U.S. chemical firm Cytec for $5.5 billion

by Canadian Plastics

In a bid to increase its stake in the composites industry, Belgian chemical maker Solvay has announced it will buy U.S.-based composite materials supplier Cytec for US$5.5 billion. In a statement, Solvay CEO Jean-Pierre Clamadieu said that the proposed acquisition

March 20, 2015 News

Solvay, Ineos divesting some operations as part of Inovyn joint venture

by Canadian Plastics

Europe-based material suppliers Solvay SA and Ineos Group have reached an agreement with International Chemical Investors Group (ICIG) to sell off some of their assets as part of the move to create the Inovyn joint venture for their European chlorvinyls