Tim Wright02.13.09
Carboline Company, a subsidiary of RPM, has acquired a 49% interest in its Chinese licensee, Carboline Dalian Paint Production Co., Ltd. (
Carboline Dalian
). The remaining 51% of the joint venture will be owned by UniChemical Company, a long-standing partner of Carboline in another joint venture, Carboline Korea Ltd.
Carboline Dalian
, with sales expected to approach $10 million , manufactures corrosion control coatings and linings for a variety of industries, including offshore drilling, oil and gas, petrochemical, general manufacturing and OEM, nuclear and conventional power, among others.
Carboline Dalian