Solvay to sell its 50% stake in RusVinyl to Sibur

Belgian chemical company Solvay will sell its 50% stake in the RusVinyl joint venture to its partner Sibur for around €430 million, resulting in a capital loss of around €175 million. The transaction is expected to close in Q1 2023.

“The agreement is based on a purchase price of around €430 million.”chemorbis.com

• 1 source
• chemorbis.comBelgium’s Solvay to sell its 50% stake in RusVinyl | ChemOrbisChemOrbis Editorial TeamMar 5, 2023

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