INEOS ChlorVinyls completes sale of interest in Suzhou Huasu Plastics, China.
INEOS ChlorVinyls has today completed the sale of its 35.7% interest in Suzhou Huasu Plastics, China, to Westlake Chemical Corporation.
This brings to an end INEOS ChlorVinyls’ involvement in this PVC Joint Venture.
Comments Chris Tane, CEO INEOS ChlorVinyls: "It has been a pleasure and a privilege to work with our partners in this joint venture over several years. We wish them every success in the future.”
Suzhou Huasu Plastics operates a PVC resin production plant, along with a specialty film and window profile operations.
Details of the transaction are not disclosed.
ENDS
Craig Welsh
Business Communications/ HR Manager
INEOS ChlorVinyls / INEOS Enterprises
Telephone: + 44 (0) 1928 511528