Chevron Phillips Chemical to sell its Ryton PPS Business to Solvay as global competition intensifies

Chevron Phillips Chemical Company (The Woodlands, TX) will divest its Ryton polyphenylene sulfide (PPS) business to Solvay Specialty Polymers USA ((Alpharetta, GA) for $220 million. The announcement comes at a time when incumbent and new players are investing aggressively in new polymerization and compounding capacity meaning despite strong market growth, suppliers are facing ever increasing competition. Tagging Options Domain:  All Sites read more

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Chevron Phillips Chemical to sell its Ryton PPS Business to Solvay as global competition intensifies

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