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Freshfields Advised Syensqo on Orbia Joint Venture
Freshfields advised Syensqo SA (“Syensqo”) on its joint venture with Orbia Group for the production of suspension-grade polyvinylidene fluoride (PVDF), creating the largest capacity for suspension-grade PVDF in North America. The transaction closed on December 13, 2023. The joint venture will fill a significant supply gap and will build upon favorable regulatory conditions promoting regional production and material security. Syensqo and Orbia intend to use two production sites, one for raw materials and the other for finished product, located in the southeastern United States. Both plants are expected to be fully operational by 2026. More information on the transaction is available here.
The Freshfields team was led by partner Sebastian Fain and associates Lauren Storwick, Ryan Taylor and Chinyere Obi on corporate and M&A matters; partner Menachem Kaplan and associates Daniel Spencer and Jennifer Lei on intellectual property and commercial matters; counsel James Chapman and associates Selina Pope and Jennifer Kanu on project development matters; partner Kyle Lakin and associate Hadar Tanne on financing matters; partner Claude Stansbury and associate Hannah Golden on tax matters; and partner Jan Rybnicek and associates Timothy Swartz and Leys Reinout on antitrust matters.
About Freshfields Bruckhaus Deringer LLP
Freshfields Bruckhaus Deringer is a global law firm with a long-standing track record of successfully supporting the world's leading national and multinational corporations, financial institutions and governments on groundbreaking and business-critical mandates. Our 2,800-plus lawyers deliver results worldwide through our own offices and alongside leading local firms. Our commitment, local and multinational expertise, and business know-how means our clients rely on us when it matters most.
Freshfields is ranked by Chambers Global in Band 1 across the six areas of antitrust, corporate/M&A, litigation, international arbitration, tax, and public international law. For more information visit Freshfields.us.
