Brief: BASF And Hannong Chemicals Plan To Establish JV For Production Of Non-Ionic Surfactants

Hannong Chemicals

06/10/2022 08:17

Oct 6 (Reuters) - BASF SE  BASFn.DE :
    * BASF AND HANNONG CHEMICALS ARE PLANNING TO ESTABLISH A
JOINT
VENTURE FOR PRODUCTION OF NON-IONIC SURFACTANTS
    * BASF WILL HOLD 51% AND HANNONG CHEMICALS 49% OF SHARES, IN
PROPOSED JOINT VENTURE.
    * BOTH COMPANIES ARE STRIVING TO RECEIVE STATUTORY APPROVALS
AS
SOON AS POSSIBLE, AND TARGET TO ESTABLISH JOINT VENTURE IN Q1 OF
2023.

Further company coverage:  BASFn.DE 
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