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DOMO acquires Solvay Performance Polyamides

October 16th, 2019 / By: / Industry News

DOMO Chemicals will acquire Solvay’s Performance Polyamides business in Europe, including engineering plastics operations in France and Poland, high-performance fibers in France, and polymer and intermediates operations in France, Spain and Poland. The agreement also involves a joint venture between BASF and DOMO in France to produce adipic acid. The business comprises production, sales, technical support, R&D and innovation services. The acquisition is expected to close by the end of Q4 2019.