Thursday, December 13, 2007

Basell to acquire Solvay Engineered Polymers

Basell - global leader in advanced polyolefins, has signed a definitive agreement with Solvay by which Basell will acquire Solvay Engineered Polymers, Inc., a leading supplier of polypropylene compounds in North America.

The transaction is subject to relevant regulatory approvals, after which it is expected to close in early 2008.

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