Business Standard

Wednesday, December 25, 2024 | 11:18 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Solvay sells Italian polyolefin cross-linkable compounds biz to Finproject

Finproject is a manufacturer of injection moulded foam, and polyolefin-based & PVC compounds

Moulded foam products
Premium

Moulded foam products

BS B2B Bureau Brussels, Belgium
Belgian specialty chemical company Solvay last week signed a definitive agreement to sell its polyolefin cross-linkable compounds business in Italy to family-owned group Finproject SpA. 

“Following Solvay's transformation, polyolefin cross-linkable compounds no longer fit within the portfolio of high-performance specialty polymers. Solvay has consistently grown the value of this business and its divestment contributes to the upgrade of Solvay's specialties portfolio,” said Augusto Di Donfrancesco, president of Solvay's specialty polymers global business unit, in a press release on March 30, 2017.

Based in Roccabianca, Parma (Italy), the business’ compounds are used in applications in the wire and cable, as well as pipe

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in