Specialty Minerals announces joint venture in China.Minerals Technologies Inc., New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY, announced that Specialty Minerals, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Minerals Technologies, has expanded a joint venture agreement with Asis Pulp and Paper Company Pte. Ltd., China, part of APP China, to construct two new precipitated calcium carbonate (PCC PCC prothrombin complex concentrate. ) satellite plants at two APP China's paper mills in The People's Republic of China. The satellite plants, which will be operational in the first quarter of 2005, will produce approximately eight units of PCC annually, with a unit representing between 25,000 and 35,000 tons. The new facilities will be located at APP China's paper mills at Dagang, where a joint venture between the two companies already operates a four-unit satellite PCC plant, and at APP China's paper mill at Suzhou. The joint venture company, known as APA (All Points Addressable) Refers to an array (bitmapped screen, matrix, etc.) in which all bits or cells can be individually manipulated. APA - Application Portability Architecture China Specialty Minerals Pte. Ltd., has formed two subsidiaries that will own and operate the plants. |
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