Hercules expands presence in China.HERCULES EXPANDS PRESENCE IN CHINA. Hercules Inc., Wilmington, DE, has reached an agreement to acquire the remaining 40% ownership interest of its consolidated joint venture, Shanghai Shanghai (shăng`hī`, shäng`hī`), city (1994 est. pop. 12,980,000), in, but independent of, Jiangsu prov., E China, on the Huangpu (Whangpoo) River where it flows into the Chang (Yangtze) estuary. Hercules Chemicals Company Ltd. from its partner, Shanghai Chlor-Alkali Chemical Co. Ltd (China). Hercules has assumed day-to-day operations. Completion of the acquisition is subject to normal clearance from the appropriate Chinese government Ever since Republic of China founded in January 1st, 1912, China has had several regional and national governments. List
Independent government commission charged by the legislature with setting and enforcing standards for specific industries in the private sector. The concept was invented by the U.S. . Terms of the transaction were not disclosed. "Hercules intends to actively consider an expansion of Shanghai Hercules' existing manufacturing capacity and product line as well as installation of new facilities to support technical applications, product development and training for the paper chemicals markets in Asia," stated Paul Raymond Paul Raymond (born Paul Martin Raymond, 16 November 1945, St Albans, Hertfordshire, England) is an English keyboardist/guitarist. Raymond started his musical career as a keyboardist/vocalist for the band, Plastic Penny, in 1967. He left after the band split up in 1968. , president, Hercules Paper Technologies and Ventures. In addition, following the recent announcement to sell a 51% interest in FiberVisions, Hercules has streamlined its remaining businesses into two groups: Aqualon and Paper Technologies and Ventures. The Pulp pulp: see paper. and Paper Division of Hercules has been renamed Hercules Paper Technologies. |
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