ExxonMobil, Mitsubishi dissolve Mytex JVs.
Affiliates of ExxonMobil Exxon Mobil Corporation or ExxonMobil (NYSE: XOM), a multi-national American corporation and a direct descendant of John D. Rockefeller's Standard Oil company[2] Chemical and Mitsubishi Mitsubishi: see zaibatsu. Chemical have
agreed to terminate certain joint venture agreements for Mytex Polymers
Asia Pacific Private Ltd. (Mytex AP) and Mytex Polymers Partnership
(Mytex US), effective June 1. Under terms of the related agreements,
ExxonMobil Chemical will transfer its interest in Mytex Polymers to a
Mitsubishi affiliate in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and ExxonMobil Asia Pacific
Private Ltd. will transfer its interest in Mytex AP to Mitsubishi
Chemical Singapore PTE Ltd PTE LTD Private Limited . Additional terms were not disclosed.
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