Cytec Acquisition To Boost Solvay’s Aerospace Composites
Belgian chemical company Solvay says the $5.5 billion cash acquisition of U.S.-based Cytec will make it the second-largest player in aerospace composite materials, behind Hexcel. Aerospace accounts for half of Cytec’s $2 billion in annual sales, and Solvay expects to double its aerospace sales to $4...
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.