Solutia and Akzo Nobel seek buyer for Flexsys JV

Solutia and Akzo Nobel are actively working to sell 50:50 joint venture Flexsys, Solutia spokeswoman Beth Rusert told Platts on 8 March. Solutia called Brussels-based Flexsys the world“s largest supp…

Solutia and Akzo Nobel are actively working to sell 50:50 joint venture Flexsys, Solutia spokeswoman Beth Rusert told Platts on 8 March. Solutia called Brussels-based Flexsys the world“s largest supplier of process chemicals to the rubber industry. Solutia is “not actively seeking a buyer” for its other JV, Astaris, a phosphorous operation with FMC, which is “still in the start phase,” Rusert said.