Solutia completes Flexys acquisition
07/05/2007
US-based chemical solutions company Solutia Inc. has completed its purchase of Akzo Nobel N.V.'s 50% interest in rubber chemical supplier Flexsys.
Formed in 1995 as a 50/50 joint venture between Solutia and Akzo Nobel, Flexsys has now become a wholly-owned subsidiary of Solutia.