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ALTIVIA Petrochemicals, LLC Completes Acquisition of Haverhill Chemicals Phenol-Acetone-AMS-BPA Facilities in Ohio

(Houston)--ALTIVIA Petrochemicals today completed the acquisition of the Haverhill Chemical assets, which produce Phenol, Acetone, Alpha-Methylstyrene (AMS) and BisPhenol-A (BPA). Located on the banks of the Ohio River in Haverhill, Ohio, the assets were formerly operated by Sunoco. ALTIVIA has been preparing the facilities for start up over the past several weeks and the plant will resume operations immediately. Product shipments are expected to begin on November 16.

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ALTIVIA PETROCHEMICALS, LLC ACQUIRES HAVERHILL CHEMICALS PHENOL-ACETONE-AMS-BPA FACILITIES IN OHIO

(Houston)--ALTIVIA Petrochemicals today announced that it has signed a definitive agreement to acquire all of Haverhill Chemicals' assets for their Phenol, Acetone, Alpha-Methylstyrene (AMS) and BisPhenol-A (BPA) businesses. The facilities are located on the banks of the Ohio River in Haverhill, Ohio, formerly operated by Sunoco. Haverhill Chemicals filed for relief under Chapter 11 of the U.S. Bankruptcy Code on September 19. Closing of this transaction, which is subject to approval by the Bankruptcy Court, is expected in October.

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ALTIVIA ACQUIRES AXIALL’S SPECIALTY PHOSGENE DERIVATIVES BUSINESS

(Houston)--ALTIVIA today announced that it has signed a definitive agreement to acquire the Specialty Phosgene Derivatives business’ assets from Axiall Corporation (NYSE: AXLL). The transaction includes Axiall’s chemical production facilities located in La Porte, Texas. As part of the acquisition, ALTIVIA will hire the 120 employees who operate the facility.

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