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Dai Nippon Toryo Co Ltd to establish Joint venture with subsidiary of KANSAI PAINT CO LTD

Tuesday, 29 Jul 2014 02:00am EDT 

Dai Nippon Toryo Co Ltd:to establish joint venture with Osaka-based subsidiary (56.2 pct owned) of KANSAI PAINT CO LTD, which named KUBOKO PAINT CO., Ltd., in the early Jan. 2015.The joint venture will be engaged in production of powder coating.Says Dai Nippon Toryo Co Ltd and KUBOKO PAINT CO., Ltd will hold a 51 pct stake and a 49 pct stake in the joint venture respectively. 

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