Tuesday, April 20, 2010

Songwon and Tangshan Baifu to form JV to manufacture and sell antioxidants

Songwon Industrial Co. Ltd. and Tangshan Baifu Chemical Ltd. plan to form a joint venture to manufacture and sell Thioester antioxidants. The two companies have signed a Memorandum of Understanding whhereby Songwon shall take an initial stake of 30% in Tangshan Baifu Chemical Ltd.

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