Clariant/Astra jv

17 April 2000 00:00  [Source: ICB]

Clariant of Muttenz, Switzerland, has signed a letter of intent with Saudi Arabia's Astra Polymer Compounding to set up a joint venture. A plant for the production of additive blends for the plastics industry is to be constructed in Dammam, Saudi Arabia. The plant will have an initial capacity of 2000 tonne/year and is due onstream by mid-2001.

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