Increased ownership.Increased Ownership: Pasadena-based Terra Nostra Terra Nostra combines the myths and history of twenty centuries of Western civilization. [Lat. Am. Lit.: Carlos Fuentes Terra Nostra in Weiss, 458] See : Epic , one of the leading copper producers in China, announced that it entered into an equity transfer agreement with its Chinese joint venture partner whereby Terra Nostra can increase its ownership in two Chinese companies Chinese owned companies can be defined as enterprises within mainland China, Hong Kong, Macau and the Republic of China (Taiwan):
n. 1. The science that deals with procedures used in extracting metals from their ores, purifying and alloying metals, and creating useful objects from metals. 2. Co. Ltd. and Shandong Quanxin Stainless Steel stainless steel: see steel. stainless steel Any of a family of alloy steels usually containing 10–30% chromium. The presence of chromium, together with low carbon content, gives remarkable resistance to corrosion and heat. Co. Ltd.--the first in the copper industry and the other in stainless steel. The agreement calls for an increase in ownership for both companies to an additional 19 percent initially, flowed by a further 20 percent position, resulting in 90 percent ownership of both companies by Terra Nostra. Terra Nostra is positioning itself to benefit from the continual increase in demand for metals in China for the automotive, high tech, and construction industries. |
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