en.Wedoany.com Reported - On April 21st, INEOS Inovyn, a European producer of vinyl chloride and specialty PVC, announced that it has agreed to transfer its shares in INOVYN Produzione Italia SpA to Esseco Industrial. This business involves chlor-alkali production sites in Rosignano and Tavazzano, Italy. The Rosignano facility is Italy's largest chlor-alkali plant, producing caustic soda and chlorine, while the Tavazzano site specializes in sodium hypochlorite manufacturing. These chemicals are widely used in water treatment, energy, pharmaceuticals, and construction.

The transaction is subject to regulatory approvals and is expected to be completed in 2026. During the transition period, INEOS Inovyn will continue to be responsible for the sites' operations and will ensure that customer and supplier agreements remain unchanged. The company added that R&D activities at Rosignano will remain under INEOS Inovyn and are not included in this sale.

Esseco Industrial, a member of the Esseco Group, operates several production sites and chlor-alkali facilities in Italy and other regions. This divestiture follows recent investments by INEOS, including a £150 million (approximately $190 million) plan to upgrade the Grangemouth site in Scotland to improve the reliability, energy efficiency, and emissions performance of its production units.

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