Roehm Chemical's acrylic products business unit and SABIC's polycarbonate film and sheet unit Functional Forms merged to form a new independent company, POLYVANTIS. The merger follows an acquisition agreement signed in December 2022.
Röhm's Acrylic Products business and Sabic's Functional Forms business will merge to form a new company called Polyvantis, expected to have 16 production sites, 1,500 employees, and sales of $700 million. The company is expected to launch in Q2 2024.
Rohm's Acrylic Products business and SABIC's Functional Forms business are merging to form Polyvantis, a new company offering extruded film, sheet, pipe and rod products. The deal is expected to close by Q2 2024.
Röhm's Acrylic Products business and SABIC's Functional Forms business will merge to form POLYVANTIS, a new global player in acrylic and polycarbonate films and sheets with sales of about $700 million and 1,500 employees. The deal, originally signed in December 2022, is expected to close around Q2 2024.