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Bondalti eyes buying Spanish chlorine maker to diversify into European PVC market

March 6, 2024 Comments Off

Portugal’s Bondalti is considering a Eur329 million cash acquisition of Spain’s largest chlor alkali and PVC producer Ercros, which would allow the Portuguese chlorine manufacturer to compete in chlor-alkali and polymers segments, the companies said in separate statements. “[Ercros’] board of directors meets [March 6 to discuss the offer]. Meanwhile, we are not making any statement,” Argine Ortega Perez, Ercros’…