August 05, 2010Construction of the RusVinyl plant is underway. The construction project in Russia of the future RusVinyl vinyl production unit (SolVin-Sibur 50/50 joint venture) marked a key stage on 12th July with the laying of the first stone. The official ceremony took place in the presence of Jean-Louis Plumecocq, CEO of RusVinyl, Dimitry Konov, Chairman of Sibur, and a number of authorities and VIPs, including Yves Leterme, Prime Minister of Belgium. For SolVin and Solvay, the delegation consisted of representatives among whom Messrs Jourquin, Brouhns, van Rijckevorsel, Morici and Tucoulat.
June 25, 2010Solvay and Arkema to untie vinyls production joint ventures in France and Spain. Solvay announces today that SolVin and Arkema have decided to each buy back the minority cross-holdings in the vinyls production joint ventures that are operated by them. The companies in question are VinylFos, in which SolVin has a stake of 21%, VinylBerre (35%) and Vinilis (65%). These decisions will become effective as from July 1st, 2010.
