Welcome Guest to Coatings World    Login || Register
Last Updated Thursday, October 8 2015

Perstorp and PTT Global Chemical sign JV

Published January 24, 2012
Related Searches: Business Operation
Perstorp and PTT Global Chemical have signed a joint venture for the worldwide manufacturing and sales of products for the polyurethane industry. At a ceremony in Grenoble, France, the future cooperation agreement between Perstorp and PTT Global Chemical was signed. The joint venture, dedicated to the manufacturing and sales of aromatic (TDI) and aliphatic (IPDI, HDI & derivates) isocyanates, includes the former Perstorp business group Coating Additives with its manufacturing sites at Pont-de-Claix in France and Freeport, Texas in the U.S. PTT Global Chemical (PTTGC) will hold 51 percent of the joint venture and Perstorp 49 percent.

The joint venture is planning a major investment to expand capacity at the manufacturing plant in Pont-de-Claix, France and new capacity in Asia. This includes the investment in a new joint plant for HDI derivatives in Asia. As part of the investment plan, Perstorp has also entered an agreement with the French government regarding the measures to be introduced that meet the French PPRT law (Plan de Prevention des risques Technologique), measures which are also supported by PTTGC.

blog comments powered by Disqus

Receive free Coatings World emails
Sign up now to receive the weekly newsletter, and more!

Enter your email address:
Company Spotlight
18F, No.85, Sec. 1, Chung-Shiao E. Rd.
Taipei, Taiwan, 100
View Profile
Houchi Chemical Co., Ltd
No.56, Fu Chow Street
Taipei, Taipei, 100
View Profile
Siltech Corporation
225 Wicksteed Avenue
Toronto, ON, M4H 1G5
View Profile
AZ Electronic Materials Co., Ltd.
No. 458-6, Sinsing Road Hu Kou Township Hsinchu Country 303, Taiwan
Hsinchu Country, Taiwan, 303
View Profile
Micro Powders, Inc.
580 White Plains Rd.
Tarrytown, NY, 10591
View Profile
BASF Corporation
100 Campus Drive
Florham Park, NJ, 07932
View Profile
Sunin Machine Co., Ltd.
No.96, Chiao Ho Rd ,Chungho Dist
New Taipei City, Taiwan , 235
Taiwan Roc
View Profile
Follow Coatings World On