Adhesives & Sealants Headlines

3M Completes Purchase of Solvay Fluoropolymers, Inc

March 4, 2003
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ST. PAUL, Minn. — Dyneon LLC, a wholly owned subsidiary of 3M, has closed the previously announced transaction to acquire Solvay Fluoropolymers, Inc., a subsidiary of Solvay America, Inc.

As a result of this transaction, polyvinylidene fluoride (PVDF) fluoroplastic products formerly marketed under the Solef brand by Solvay Fluoropolymers, Inc., will be marketed by Dyneon under the Dyneon brand.

The acquisition includes the PVDF manufacturing facilities located in Decatur, Ala., and the remaining 50-percent interest in Alventia LLC, a joint venture between Solvay Fluoropolymers, Inc., and Dyneon that produces VF2 — the principal building block of PVDF.

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