Saturday, March 3, 2012

Polyplastics, MGC, Ticona Plan China Polyacetal JV.(Mitsubishi Gas Chemical, joint venture)(Brief Article)

Polyplastics (Tokyo), Mitsubishi Gas Chemical (MGC), and Ticona say they will jointly invest [epsilon]150 million ($128 million) to build a 60,000-m.t./year polyacetal plant at Nantong, Jiangsu. They have signed a letter of intent with the local authorities to acquire land and have received project approval from the Jiangsu provincial government. Polyplastics, a joint venture of Daicel Chemical …

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