Brief: Arakawa Chemical Industries to set up hydrogenated petroleum resin related JV with partners
29/01/2018 09:00
Jan 29 (Reuters) - Arakawa Chemical Industries Ltd 4968.T
* Says it plans to set up a JV Chiba Arkon Production,
Limited
with Cosmo Energy Holdings Co Ltd 5021.T and Maruzen
Petrochemical in February
* Says the JV will be capitalized at 2 billion yen and be
mainly
engaged in manufacture and sales of hydrogenated petroleum resin
* Says it will hold 51 percent stake in the JV
Source text in Japanese: https://goo.gl/yfufMY
Further company coverage: 4968.T 5021.T
(Beijing Headline News)
((Beijing.HeadlineNews@thomsonreuters.com; +86 010 62674724;
Reuters Messaging: Tingting.liu@thomsonreuters.com@reuters.net))