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Chemical Week Magazine :: Business & Finance :: Asia/Pacific

Mitsui and SCG Form LLDPE Film Venture in Thailand

6:56 AM MDT | April 20, 2012 | –Deepti Ramesh

Mitsui Chemicals says its Mitsui Chemicals Tohcello (Tokyo) subsidiary has agreed to establish a joint venture with SCG Chemicals, the chemical subsidiary of Siam Cement Group (SCG; Bangkok), to construct a production facility for highly functional linear low-density polyethylene (LLDPE) sealant film, at the Eastern Seaboard Industrial Estate in Rayong, Thailand. The jv company, which will be established this month, will take the name Siam Tohcello Co. Mitsui Chemicals Tohcello will hold a 55% stake in the jv and SCG Chemicals will have the rest. The jv will have...

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