1 August 2016
DETAILS
Solvay has agreed to divest
its chlorine and peroxide derivatives site in Italy
to Italian chemical company Caffaro,
but will continue to market
produced on the site,
through an exclusive distribution agreement.
The planned divestment of the site of
Bussi sul Tirino follows Solvay’s exit
from its Western European chloro-alkali activities.
Caffaro as a producer of
basic and fine chemicals
aims to further develop the site,
which is mainly dedicated to chlorine and its derivatives.
Through its industrial project, Caffaro will ensure
sustainability of the plant
by proceeding on a series of investments
at Bussi site, as well as
creating synergies with its current portfolio of activities.
Under the agreement, Caffaro will take over
Solvay’s production of EURECO™ and
further develop the product’s technology
supported by the teams on-site.
will continue to market and develop EURECO™
as its exclusive distributor in all countries
except Italy and thereby ensure
the long term partnerships with key customers.
Solvay’s EURECO™ is widely used in
consumer and professional laundry markets
for its effectiveness in removing stubborn stains,
bleaching in compact product formulations,
getting rid of malodour and in killing germs,
bacteria and fungi on textiles and hard surfaces.
Contact Solvay
Bernard Thibaud
Peroxides Media Contact
Tel+ 32 471981609
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