(AFX UK Focus) 2010-06-17 09:39 UPDATE 2-Plastic Omnium to buy Solvay stake in fuel tank JV
Written By: admin on June 17, 2010
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(AFX UK Focus) 2010-06-17 09:39 UPDATE 2-Plastic Omnium to buy Solvay stake in fuel tank JV
AMSTERDAM/PARIS, June 17 (Reuters) – Belgian drugs, chemicals and plastics maker Solvay is selling its 50 percent stake in vehicle fuel tank supplier Inergy Automotive Systems to French car parts maker Plastic Omnium. Inergy Automotive, jointly owned by Solvay and Plastic Omnium, is the world’s biggest supplier of plastic fuel tank systems and generated revenue of 900 million euros ($1.1 billion …
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Tags: 0939, 20100617, 2Plastic, Focus, Fuel, Omnium, Solvay, stake, tank, UPDATE
