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Impreglon SE to form joint venture with KeyonTechs in Shanghai; Impreglon Australia to purchase new plant

Friday, 11 Apr 2014 01:45am EDT 

Impreglon SE:Signs contract for second joint venture company in Shanghai area.New consolidation of Shanghai-based technology company KeyonTechs with Impreglon SE (51 pct) to concentrate on polymer and fluoropolymer coatings for general machinery manufacturers as well as production facilities in all different industries.Production scheduled to begin in second half of 2014.To better serve customers in oil and gas field and accommodate higher volume, Impreglon Surface Technologies in Houston, Texas has merged divisions thermal spraying and polymer coatings in new facility at existing location.Says its existing location is too small for new processes and ease expires at end of 2014.New plant to be purchased by Impreglon Australia.It has ample space for expansion and is only five minutes away from the old location. 

Company Quote

-0.239 -1.56%
24 Apr 2015