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TonenGeneral Sekiyu KK to Acquire Shares in Joint Venture from Union Carbide Corporation


Thursday, 31 Jan 2013 01:00am EST 

TonenGeneral Sekiyu KK announced that it has decided to acquire the remaining 50% stake in a joint venture held by Union Carbide Corporation, to make the joint venture a wholly owned subsidiary of TonenGeneral Sekiyu, by the end of the third quarter of current fiscal year. The joint venture is engaged in the manufacture and sale of high-pressure processed low-density polyethylene and linear low-density polyethylene in Tokyo, Japan. The transaction price is not disclosed yet. 

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-3.0 -0.32%
23 Oct 2014