Regions :: Southeast Asia
Ube, Lotte Chemical, and Mitsubishi form joint venture
10:06 AM MDT | March 19, 2013
Ube Industries (Tokyo), Mitsubishi Corp. (Tokyo), Lotte Chemical (Seoul), and Lotte Chemical’s wholly owned Lotte Chemical Titan (Kuala Lumpur) subsidiary have established a joint venture at Pasir Gudang, Malaysia, to manufacture butadiene rubber (BR). The jv is called Malaysian Synthetic Rubber. Lotte Chemical and Ube each have a 40% stake, while Lotte Chemical Titan and Mitsubishi each own 10%. Using Ube manufacturing technology, the jv will construct a facility with production capacity of 50,000 m.t./year of BR. Production is expected to begin in 2014...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee