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SCG Chemicals and A. Schulman form rotational molding compound JV

8:40 AM MST | November 21, 2013 | Deepti Ramesh

A. Schulman and SCG Chemicals, the chemical subsidiary of Siam Cement Group (SCG; Bangkok), have formed a joint venture called SCG ICO Polymers that will be involved in the rotational molding compound business, SCG says. SCG Chemicals will hold an 87% stake in the jv, which will combine the Thailand-based rotational molding compound assets of SCG Chemicals with Schulman’s Malaysia-based assets, SCG says. The jv is expected to generate annual sales of about 3 billion baht ($94 million), SCG says. Schulman is a leading international supplier of...

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