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| Solutia to purchase Mexican producer of PVB interlayers Solutia Inc. has reached a definitive agreement with Vitro Plan, S.A. de C.V., to buy out Vitro Plan's 51 percent stake in its joint venture with Solutia, known as Quimica M, S.A. de C.V. The Quimica M joint venture produces PVB interlayers at a plant in Puebla, Mexico. These interlayers are used by major glass producers such as Vitro to make laminated glass for use in automobiles and buildings. This agreement comes less than three months after Solutia announced that it is beginning construction of a new Saflex and Vanceva PVB interlayer plant in Suzhou, China. Solutia's LGI business presently manufactures PVB interlayers at Ghent, Belgium; Sao Jose Dos Campos, Brazil; Springfield, Mass., USA; and Trenton, Mich., USA. It also has a PVB finishing center, distribution center and regional customer service center in Singapore. write your comments about the article :: © 2005 Construction News :: home page |