IHS Chemical Week

Regions :: Middle East

Fuller to Establish JV in Turkey

10:07 PM MST | January 11, 2011 | Deepti Ramesh

H.B. Fuller says it has signed a definitive agreement to enter into a joint venture with Burak Özberk, its agent in Turkey. A new company will be created, with Fuller owning majority control, and it is expected to be fully operational within the next six months. The new company will provide a base for developing a stronger local commercial team, local logistics support and the potential for local manufacturing in the future, Fuller says. “This agreement is a continuation of our commitment to invest in geographies that offer strong growth...

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