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ASAHI ORGANIC CHEMICALS INDUSTRY CO LTD to Set Up Joint Venture with Modi Rubber Limited in India


Thursday, 22 Nov 2012 01:30am EST 

ASAHI ORGANIC CHEMICALS INDUSTRY CO LTD announced that the Company and Modi Rubber Limited have agreed to set up a joint venture, ASAHI MODI MATERIALS PRIVATE LIMITED, which will be engaged in manufacturing and sales of resin coated sand (RCS). ASAHI ORGANIC CHEMICALS INDUSTRY CO LTD and Modi Rubber Limited will hold a 51% stake and a 49% stake in the joint venture respectively. 

Company Quote

217.0
3.0 +1.40%
19 Jun 2013