Perstorp and PTT complete JV.Perstorp has set up a joint venture with Thailand's largest chemical producer, PTT (1) (Postal, Telegraph & Telephone) The governmental agency responsible for combined postal, telegraph and telephone services in many European countries.
(2) See push-to-talk.
PTT - Post, Telephone and Telegraph administration Global Chemical, for the manufacturing and sales of products for the polyurethane industry. PTT Global Chemical holds Si percent and Perstorp 49 percent of the new joint venture, named Vencorex Holding. The joint venture, dedicated to the manufacturing and sales of aromatic (TDI) and aliphatic aliphatic /al·i·phat·ic/ (al?i-fat´ik) pertaining to any member of one of the two major groups of organic compounds, those with a straight or branched chain structure.
adj. (IPDI IPDI Isophorone Diisocyanate
IPDI Institute for Politics, Democracy and the Internet (George Washington University) , HDI and derivates) isocyanates, includes the former Perstorp business group Coating Additives with its manufacturing sites at Pont-de-Claix in France and Freeport in the U.S. At locations where Vencorex does not have its own sales staff, Perstorp's existing sales organization will continue to sell and market Vencorex products and solutions to its customers.