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Shin-Etsu Forms JV to Manufacture Optical Fiber Preform in China
2:50 AM MDT | October 28, 2010 | Deepti Ramesh
Shin-Etsu Chemical says it has decided to form a joint venture with Jiangsu Fasten Hongsheng Group (Jiangyin, China) and technology company TKH Group (Haaksbergen, Netherlands) to manufacture optical fiber preform at Jiangyin, China. The jv dubbed Shin-Etsu (Jiangsu) Optical Preform will be established next month and it will manufacture and sell optical fiber perform. Shin-Etsu will have a 75% stake in the jv, and Fasten and TKH will each have 12.5%. The plant will be located in a high-tech industrial park in Jiangyin, and it is expected to begin operation in the...
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