Solvay Acquires maker of high-performance polymers.(Mississippi Polymer Technologies Inc. acquired )

Solvay says it has agreed to acquire Mississippi Polymer Technologies (MPT; Bay St. Louis, MS), a startup firm that manufactures high-performance polymers. Terms were not disclosed. The deal includes a commercial plant at Bay St. Louis, as well as approximately 50 employees. MPT launched Parmax, a transparent polymer for use as an alternative to metal in certain applications, in early 2004, Solvay says. The chemistry used to make Parmax "allows for a significant number of variations to be developed and manufactured," Sovay says, but it would not disclose specifics of the chemical process.

"It is definitely our intent to offer the broadest portfolio of ultra …