Belgium: Chlorovinyls Joint Venture Solvay Completes Exit of Joint Venture with Ineos

Editor: Alexander Stark

olvay has today completed the divestment of its shareholding in Inovyn, bringing to an end its chlorovinyls joint venture with Ineos.

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Solvay is headquartered in Brussels with about 30,900 employees spread across 53 countries.
Solvay is headquartered in Brussels with about 30,900 employees spread across 53 countries.
(Picture: Solvay)

Brussels/Belgium – Solvay received exit cash proceeds amounting to € 335 million. The exit of the joint venture follows regulatory clearances from the relevant authorities.

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