Make your products visible globally with Elite Membership.
I agree to the terms and conditions
Existing User?
Sign In with Email
Remember Me Forgot Password?
New User?
Enter your registered Email ID to get reset password.
Elite Member
Individual Register
TOKYO, JAPAN: Mitsubishi Chemical Performance Polymers Inc (MCPP), a wholly-owned subsidiary of Mitsubishi Chemical Corporation (MCC) intends to purchase a polyvinyl chloride compound plant in Bellevue, Ohio, US from A Schulman Inc in a move to expand MCC’s presence in North America’s polyvinyl chloride compound market.
MCC forecasts continuing strong demand for these products in North America and positions the region as a key market. At the end of December 2011, MCC and ASI dissolved and liquidated their North American polyvinyl chloride compound joint venture, and transferred the business to MCPP. Since then, MCPP has entrusted the production of polyvinyl chloride compounds to ASI’s Bellevue plant.
MCPP plans to purchase the Bellevue plant in order to enhance competitiveness in the polyvinyl chloride compound field and meet increasing demand in the North American market. MCPP plans to capitalize on this strategic acquisition by entering into a variety of markets beyond automotive components, as well as by expanding its existing business in thermoplastic elastomers for automotive injection and extrusion applications. The purchase includes ASI’s manufacturing equipment and facilities in Bellevue and should be completed by the end of November 2012.
© WOC News
Login
CLAYTON, US: Olin Corporation has completed the previously announced acquisition of privately held KA Steel Chemicals Inc, on a cash free, debt free b ...
ZUG, SWITZERLAND: Foster Wheeler AG’s Global Engineering and Construction Group subsidiary has been awarded a contract by Petroleo Brasileiro SA ...
ESSEN, GERMANY: ThyssenKrupp plant construction business won a front-end engineering and design (FEED) contract for a single-train polypropylene plant ...
DELHI, INDIA: The chemical industry is critical for economic development of any country, providing products and enabling technical solutions to virtua ...
NAPLES, ITALY: Industrial Nanotech Inc, an emerging global leader in nanotechnology based energy saving solutions, has entered into an agreement with ...
ESSEN, GERMANY: In May 2012, ThyssenKrupp plant construction business won a front-end engineering and design (FEED) contract for a single-train polypr ...
Stay updated with the latest chemical industry trends and innovations.
Verification Code has been sent to
Please enter the Verification Code below to verify your Email Address.If you cannot see the email from "noreply@worldofchemicals.com" in your inbox,make sure to check your SPAM Folder