PolyOne, Cleveland, OH, has signed a definitive agreement to acquire certain assets of Novatec Plastics, a compounding business owned by PVC Container, Eatontown, NJ.PolyOne, Cleveland Cleveland, former county, England Cleveland, former county, NE England, created under the Local Government Act of 1972 (effective 1974). It was composed of the county boroughs of Hartlepool and Teeside and parts of the former counties of Durham and , OH, has signed a definitive agreement to acquire certain assets of Novatec Plastics, a compounding business owned by PVC PVC: see polyvinyl chloride. PVC in full polyvinyl chloride Synthetic resin, an organic polymer made by treating vinyl chloride monomers with a peroxide. Container, Eatontown Eatontown, borough (1990 pop. 13,800), Monmouth co., E central N.J.; inc. 1926. A residential borough, it is named for Thomas Eaton, who built a gristmill there c.1670. The mill's site is a landmark. Fort Monmouth (est. 1917), a U.S. army base, is in Eatontown. , NJ. PolyOne will acquire Novatec's equipment, compounding recipes and customer list. Production will be transferred to PolyOne facilities over the next few months, after which the Novatec plant will close. |
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