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Mitsui, Sumitomo to dissolve polystyrene JV; exit business.

Publication: Chemical Week
Publication Date: 13-APR-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: Mitsui, Sumitomo to dissolve polystyrene JV; exit business.(BUSINESS & FINANCE NEWS: ASIA/PACIFIC)(Mmitsui Chemicals joint venture with Sumitomo Chemical Company Ltd.)

Article Excerpt
Mmitsui Chemicals and Sumitomo Chemical say they have decided to dissolve their Japan Polystyrene (Tokyo) joint venture and exit the polystyrene (PS) business, due to poor demand for PS. Japan Polystyrene was established in 1997, and Mitsui and Sumitomo each have a 50% stake in the company. Japan Polystyrene is scheduled to...

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