Brief: Shinagawa Refractories to set up JV in India

Shinagawa Refra Co

08/11/2018 06:21

Nov 8(Reuters) - Shinagawa Refractories Co Ltd  5351.T  
    
    * Says it will set up a JV SG Shinagawa Refractories India
LLP,
which will be engaged in manufacture and sales of refractory, in
the end of December, with Grindwell Norton Ltd 
    * Says the JV will be capitalized at 230 million Indian
rupees
    * Says the company will hold 51 percent stake in the JV 

    
    
    Source text in Japanese:http://bit.ly/2qzvRv2
    Further company coverage: 5351.T 

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