Invista mulls sale of its polymer and resin assets in North America

23-Jul-10
Invista, USA’s polyethylene terephthalate (PET) producer, is considering the sale of its polymer and resin assets in North America, as per ICIS. Invista's polyester and resin business includes products such as PET, dimethyl terephatlate (DMT) and specialty polymers. A market assessment of the polyester-based polymer and resin sector has been underway for about two weeks to evaluate if any suitors placed more value on the assets than Invista. Evaluation also included plants at Queretaro, Mexico, and portions of a site in Wilmington, North Carolina. Invista's Terate polyols business at Wilmington was excluded from the market assessment.
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