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EU Greenlights Domo-Solvay PA Deal

03:05 EST 5 Dec 2019 | CHEManager

Solvay’s divestment of its European PA 6.6 business to Leuna, Germany-based Domo Chemicals has been greenlighted by the EU Commission. The approval clears the way for the Brussels-based chemical producer to exit the business, as Chinese regulatory authorities have also granted approval for the massive transaction. The Commission cleared the sale of the activities outside Europe to German chemicals and plastics giant BASF at the beginning of the year.

Original Article: EU Greenlights Domo-Solvay PA Deal

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