Solutia Sells Santoweb And Vocol Businesses To Rhein Chemie

News ) said Monday that it has sold its Santoweb and Vocol businesses to Rhein Chemie, a wholly-owned subsidiary of Germany-based specialty chemicals company Lanxess AG.
Financial terms of the deal were not disclosed.The company noted that sales from the Santoweb and Vocol businesses represented less than 0.5 percent of its consolidated results for 2010.
“Solutia continues to execute its strategy of focusing the Flexsys portfolio on high-value, global market-leading rubber chemicals,” said Greta Senn, president and general manager of Solutia’s Technical Specialties division.
Solutia’s Technical Specialties division offers advanced chemical and specialty products.
The Flexsys portfolio produces chemicals for the rubber and tire industry.
Flexsys products help control the process of manufact…

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