Elf Atochem.Elf Atochem and the Japanese company NOF have set up a world joint venture in the area of carboxy ethyl ethyl (ĕth`əl), CH3CH2, organic free radical or alkyl group derived from ethane by removing one hydrogen atom. thio succinic acid succinic acid: see Krebs cycle. and derivatives. The worldwide joint venture is to have three distinct entities, each responsible for the operations of a geographical zone Noun 1. geographical zone - any of the regions of the surface of the Earth loosely divided according to latitude or longitude zone climatic zone - any of the geographical zones loosely divided according to prevailing climate and latitude , as follows: In Japan, NOF is to hold 80% of the joint company; in Europe and in America, Elf Atochem is to own 80%; and in Asia and in the rest of the world, both companies are to have equal shares. |
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