Great Lakes and Teijin Chemicals intend to combine their global brominated carbonate oligomer activities
Each party anticipates holding a 50% stake in the joint venture, to be headquartered in Japan, which is expected to commence during the second quarter of 2005. Great Lakes will be appointed exclusive sales agent for the joint venture. The company currently manufactures brominated carbonate oligomers in its El Dorado, Arkansas, USA, facilities while Teijin produces the materials in Matsuyama, Japan.
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