Unitika Ltd Says it plans to set up a synthetic resins JV in Thailand named as Unitika Plastics Trading(Thailand) Co Ltd in April 2017, jointly with Osaka-based plastic maker Terabo Co Ltd and Thailand-based firm KOSEN FIBERTEC (THAILAND) Co Ltd.

Says JV is capitalized at 45 million baht and co will hold 60 percent stake in it.

Source : reuters.com