Sector News

Solvay seeking to divest Acetow business?

November 10, 2014
Chemical Value Chain
Solvay’s spokesperson on Sunday declined to comment to CW on a report on Bloomberg that the company has hired Goldman Sachs and Credit Suisse Group to advise it in a possible sale of its Acetow business. Acetow is a leading global producer of cellulose acetate tow for cigarette filters, previously a part of Rhodia. The spokespersons said the company never comments on market rumors.   
 
> Read the full art6icle on the Chemical Week website
 
By Natasha Alperowicz
 

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