Vinnolit/Ineos: Business Changeover Completed
The takeover of the PVC pastes (E-PVC) business agreed between Vinnolit GmbH & Co. KG, Ismaning and Ineos ChlorVinyls announced some weeks ago has been completed with the approval of the EU Commission. The business was transferred from Ineos to Vinnolit on June 29, 2007. The purchase price has not been disclosed.
The takeover concerns the PVC pastes production sites in Schkopau/Germany and Hillhouse/UK by Vinnolit, and an agreement for purchasing and marketing the entire PVC production of Ineos’ factory at the PortoTerres/Italy site by Vinnolit.
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