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Unitika plans JV in Thailand for resin business

Friday, Nov 25, 2016

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

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