Asahi Kasei to Transfer Polystyrene Joint Venture Shares to Dow Chemical.Tokyo, Japan, Aug 11, 2006 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) ) - Asahi Kasei and The Dow Chemical Company The Dow Chemical Company (NYSE: DOW TYO: 4850 ) is an American multinational corporation headquartered in Midland, Michigan. Overview The Dow Chemical Company is currently the second largest chemical manufacturer in the World (after BASF)[1]. have concluded an agreement for the transfer to Dow of the AKCC AKCC Ayer Keroh Country Club (Malaysia) AKCC Army Knowledge Collaboration Center shareholdings in their joint venture companies Styron Asia Ltd. in Hong Kong and SAL Petrochemical Co., Ltd. in China. Styron Asia was established in 1994 to build a new base and network for polystyrene supply in Asia and SAL Petrochemical in 1998, in the light of the rising potential in the market in China. The move follows Asahi Kasei's 'Growth Action-2010', with focus on product differentiation Product Differentiation A source of competitive advantage that depends on producing some item that is regarded to have unique and valuable characteristics. , specialization, and added value for polystyrene rather than on volume-centered expansion. Copyright [c] 2006 Japan Corporate News Network. All rights reserved. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion