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Provider: Reuters Investment Profile
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PolyOne Corp Reaches Agreement to Sell Non-Core Resin Assets for $250 Million to Mexichem SAB de CV


Monday, 25 Mar 2013 

PolyOne Corp announced it has entered into an agreement in which the Company will sell its vinyl dispersion, blending and suspension resin assets to Mexichem SAB de CV for $250 million in cash. The sale is subject to satisfaction of regulatory requirements and other customary closing conditions. PolyOne's resin assets are part of its Performance Products and Solutions segment and generated revenues of $147 million in 2012. 

Company Quote

48.72
0.59 +1.23%
24 Apr 2014