PolyOne completes elastomers unit sale
By Patrick Raleigh, ERJ On-line news editor
Cleveland, Ohio-PolyOne Corp. has completed the $120-million sale of its Elastomers and Performance Additives business to an investor group led by Lion Chemical Capital LLC and ACI Capital Co. Inc, the companies announced 5 Aug. The deal involved payments of $106 million in cash and $14 million in the form of a note to PolyOne.
This article is only available to subscribers - subscribe today
Subscribe for unlimited access. A subscription to European Rubber Journal includes:
- Every issue of European Rubber Journal (6 issues) including Special Reports & Maps.
- Unlimited access to ERJ articles online
- Daily email newsletter – the latest news direct to your inbox
- Access to the ERJ online archive