Composites One, a supplier of composites materials, completed the acquisition of Process Materials business from Solvay, a diversified chemical company. Financial terms were not disclosed. “We believe that the Process Materials business will greatly benefit from being part of Composites One. Their intent is to grow and invest in the business, fostering innovation, reliability and customer service and build on the excellent work that our Team has done," Carmelo Lo Faro, Solvay President.