Mexichem to acquire PolyOne's vinyls business for $250 million

03/25/2013 | · Reuters

PolyOne reached a $250 million cash deal for the sale of its base resins unit to Mexichem. "As our only remaining business involved in the direct manufacture of base resins, we view the sale of our resin production assets as a natural and next step in the evolution of our portfolio," said PolyOne Chairman and CEO Stephen Newlin.

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