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Chemical Week Magazine :: Business & Finance :: United States/Americas
GE Plastics Dissolves Polycarbonate JVs in Japan
9:28 AM MDT | September 5, 2007 | Nancy Seewald
GE Plastics says it will dissolve two Japanese joint ventures with Mitsui Chemicals and Nagase & Co. (Tokyo) The jvs, GE Plastics Japan (GEPJ; Ichihara) and GEM PC (Ichihara), produce polycarbonate (PC). Gladden: Simplifying PC assets. GE Plastics will buy out Mitsui’s and Nagase’s stakes in GEPJ, and will make it a wholly owned GE Plastics subsidiary. That jv’s Ichihara plant, located on Mitsui’s property, will be closed. GE Plastics says it will continue to supply its customers from its other PC plants around the world. GEM PC will...
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