Only Online - USGlass May 2006
Solutia Becomes Sole Owner of Quimica M
Solutia Inc., a producer and seller of polyvinyl butyral (PVB) interlayers, has completed its purchase of Vitro, S.A. de C.V.'s 51 percent stake in Vitro's joint venture with Solutia, known as Quimica M, S.A. de C.V. As a result, Solutia is now the sole owner of Quimica M.
Additionally, Solutia and certain affiliates of Vitro have entered into agreements under which Solutia will supply those Vitro affiliates with their requirements for PVB interlayer products.
The buyout also makes Solutia the sole owner and operator of the Quimica M PVB interlayer plant in Puebla, Mexico.
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