Degussa AG, Dusseldorf, Germany, and Shionogi, Osaka, Japan, announced they will establish a joint venture in Japan for precipitated silica, silica gel and matting agents.
Degussa AG, Dusseldorf, Germany Germany (jûr`mənē), Ger. Deutschland, officially Federal Republic of Germany, republic (2005 est. pop. 82,431,000), 137,699 sq mi (356,733 sq km). , and Shionogi, Osaka, Japan, announced they will establish a joint venture in Japan for precipitated silica silica or silicon dioxide, chemical compound, SiO2. It is insoluble in water, slightly soluble in alkalies, and soluble in dilute hydrofluoric acid. Pure silica is colorless to white. , silica gel silica gel, chemical compound. It is a colloidal form of silica, and usually resembles coarse white sand. It may be prepared by partial dehydration of metasilicic acid, H2SiO3. Because it has many tiny pores, it has great adsorptive power. and matting agents. The joint venture will commence operation on October 1 and expects sales in the first year of approximately $25.5 million. Degussa will hold through its subsidiary Degussa Japan, Ltd., Tokyo, Japan, 51% of the new venture's shares, whereas Shionogi will have 49%.
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| | Title Annotation: | Contracts, Licenses |
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| Publication: | Rubber World |
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| Geographic Code: | 4EUGE |
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| Date: | Jul 1, 2003 |
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| Words: | 68 |
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