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Comment: Ineos, Solvay could get boost from French approval of Kem One buyers

By Christiaan Nelisse ( December 20, 2013, 17:26 GMT | Comment) -- The Commercial Court of Lyon has approved the sale of French PVC producer Kem One to private-equity firm OpenGate Capital and private investor Alain Krassny, owner of Austria’s Donau-Chemie. The court decision could give a boost to competitors Ineos and Solvay, whose planned PVC joint venture is facing an in-depth probe in Brussels.The Commercial Court of Lyon has approved the sale of French PVC producer Kem One to private-equity firm OpenGate Capital and private investor Alain Krassny, owner of Austria’s Donau-Chemie....

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