Regions :: Southeast Asia :: Thailand
JSR and Bangkok Synthetics Form SSBR Joint Venture
8:48 AM MDT | June 16, 2011 | Deepti Ramesh
JSR Corp. (Tokyo) says it has entered into a final agreement with Bangkok Synthetics (BST) to establish a previously announced joint venture that will build a solution styrene butadiene rubber (SSBR) plant at the Map Ta Phut Industrial Estate in Thailand. The companies had signed a letter of intent for the jv in February. JSR will hold a 51% stake in the jv company, JSR BST Elastomer (Bangkok), that will be established later this month, and BST will hold the remaining 49%. The SSBR plant will initially have a capacity of 50,000 m.t./year, and it will become...
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