TOAGOSEI, Mitsui Chemicals to Integrate Polymer Flocculants Business.Tokyo, Japan, Feb 10, 2006 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) ) - TOAGOSEI and Mitsui Chemicals (MCI (1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device. (2) (Microwave Communications Inc. ) jointly announced on February 8 that the two companies and Mitsui Chemicals AquaPolymer (MAP), 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 MCI, have reached a basic agreement to integrate their polymer flocculants business. Specifically, TOAGOSEI will spin off its polymer flocculants division and transfer it to MAP. Accordingly, MAP will become a joint venture held by TOAGOSEI and MCI. Details of the new joint venture, including a company name, is to be announced To be announced (TBA) A contract for the purchase or sale of an MBS to be delivered at an agreed-upon future date but does not include a specified pool number and number of pools or precise amount to be delivered. . The new company is scheduled to be inaugurated on October 1. Through this integration, the three companies aim to consolidate the production, sales and research of polymer flocculants in order to reinforce their competitiveness in the market where fierce competition is expected to escalate globally. Copyright [c] 2006 Japan Corporate News Network. All rights reserved. |
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