Teijin, Showa Shell Form Para-xylene JV in Japan

Teijin Fibers (Tokyo) and Showa Shell Sekiyu (Tokyo) have agreed to establish a joint venture to produce and sell para-xylene and related products. The jv, TS Aromatics (Tokyo), will be formed through the spin-out of Teijin Fibers’s para-xylene business, which comprises a 290,000 m.t./year para-xylene plant at Matsuyama, Japan. Teijin Fibers will hold a 50.1% stake, while Showa Shell will own a 44.9% stake. Mitsubishi Corp. will own the remaining 5%. Under the deal, Showa Shell will supply the jv with mixed xylenes, while Teijin Fibers will purchase...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers