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(06/03/2008) SOLVAY CONCLUYE LA VENTA DE LA ACTIVIDAD DE COMPUESTOS DE POLIPROPILENO A LYONDELLBASELL
Embargo: 6 de marzo de 2008, 08h30 (Hora de Bruselas)
SOLVAY CONCLUYE LA VENTA DE LA ACTIVIDAD DE COMPUESTOS DE POLIPROPILENO A LYONDELLBASELL
Solvay ha anunciado hoy que ha concluido la venta del 100% de su filial Solvay Engineered Polymers (SEP), importante proveedor de compuestos de polipropileno a LyondellBasell Industries. La transacción, originalmente anunciada en noviembre de 2007, se completó tras la recepción de las autorizaciones reglamentarias pertinentes.
SEP, esencialmente activa en la zona del TLCAN (Tratado de Libre Comercio de América del Norte), tiene actividades en Mansfield y Grand Prairie, Texas, así como en Auburn Hills, Michigan. La empresa también tiene representación en Europa y en China a través de sus oficinas de ventas. Las ventas anuales de SEP representan menos del 2% del volumen de negocios del grupo Solvay.
Solvay is committed to the development and manufacturing of specialty polymers, in a drive to offer the world's broadest range of high performance and ultra-high performance materials. However, the strategic fit of SEP's polypropylene compounding activities had become limited within Solvay's Plastics Sector because, among other reasons, the Group completed the divestiture of its polypropylene resin production in 2001.
LyondellBasell is one of the world's largest polymers, petrochemicals and fuels companies. Headquartered in The Netherlands, LyondellBasell has combined annual pro forma revenues of nearly $43 billion and nearly 15,000 employees worldwide. LyondellBasell (http://www.lyondellbasell.com) is privately owned by Access Industries.
SOLVAY is an international chemical and pharmaceutical Group with headquarters in Brussels. It employs more than 28,000 people in 50 countries. In 2007, its consolidated sales amounted to EUR 9.6 billion, generated by its three sectors of activity: Chemicals, Plastics and Pharmaceuticals. Solvay (NYSE Euronext: SOLB.BE - Bloomberg: SOLB.BB - Reuters: SOLB.BR) is listed on the NYSE Euronext stock exchange in Brussels. Details are available at www.solvay.com
For further information please contact :
MARTIAL TARDY
Corporate Press Officer
SOLVAY S.A.
Phone: 32 2 509 72 30
E-mail : martial.tardy@solvay.com
Internet: www.solvaypress.com
PATRICK VERELST
Investor Relations
SOLVAY S.A. Phone.
32 2 509 72 43
E-mail : patrick.verelst@solvay.com
Internet: www.solvay-investors.com
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[CN#133540]
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