SolVin: Acquisition of Solvay’s Spanish PVC activities

SolVin, Germany, the joint venture between BASF and Solvay, integrated Solvay’s PVC/VCM activities at Martorell, Spain, on 1 January 2002. These were not included initially in the 75:25 jv formed at the beginning of 1999. SolVin has a 65% share of the Martorell plants operated jointly with Atofina, which has a 35% stake. Related activities previously controlled by Solvay, including Martorell’s electrolysis unit, were also transferred to SolVin. The ownership structure of SolVin remains unchanged.

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