Solvay Completes Sale of Indupa Divestment of Brazilian Stakes

Editor: Alexander Stark

Solvay has completed the sale of its 70.59 % stake in Solvay Indupa to Brazilian chemical group Unipar Carbocloro.

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(Source: Solvay)

Brussels/Belgium — The divestment is complete, following the approval earlier this month of the Brazilian antitrust authority CADE.

"The sale of Solvay Indupa, producers of PVC and caustic soda in Brazil and Argentina, marks another important step in Solvay's transformation," said Vincent De Cuyper, member of Solvay's Executive Committee.