3/2/2010

Solutia is set to acquire German specialty polymer maker Etimex Solar, a supplier of ethylene vinyl acetate encapsulants, for about $325.5 million. Solutia aims to combine the manufacturer's solar film production with its own Saflex unit to create a full-service shop for encapsulants. "This acquisition is a solid step forward that strengthens our core competencies, expands our end markets and supports Solutia's growth strategy," said Solutia CEO Jeffry Quinn.

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