Friday, April 11, 2008

Deadline set for inquiry into proposed JV between Sibur and Solvay-BASF

The European Commission has set May 20 as the deadline for its inquiry into pharmaceutical groups Solvay SA. and BASF AG.'s SolVin proposed joint venture with Russian gas giant Gazprom's petrochemical unit Sibur. The venture, RusVinyl, will see the construction of a E650 mln PVC complex in Russia's Nizhny Novgorod region.

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