(perstorp)
-- Joint venture agreement was signed between Perstorp & PTT Global Chemical
Public Company Ltd. (PTTGC) for the global production and specialty chemicals
sales for the polyurethane industry on December 22, 2011.
The JV, focused on the production and trades of aromatic (tolylene
diisocyanate (TDI)) and aliphatic (Isophorone diisocyanate (IPDI), hexamethylene
diisocyanate (HDI) and derivates) isocyanates, comprises the founder Perstorp
Business Group “Coating Additives” and its production units at Pont-de-Claix
(France) and Freeport (the United States). 51 percent of the JV will be
owned by PTTGC and 49 percent by Perstorp.
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