Fetching News Details

BASF, Idemitsu to end their joint venture in Japan
Aug. 20, 2020
Source: Reuters

BASF, Idemitsu to end their joint venture in Japan

Japanese oil refiner Idemitsu Kosan will end its petrochemical joint venture with German chemical manufacturer, BASF due to slumping demand. The joint venture will end in December and its Chiba plant will be closed for making butanediol, an organic compound used in stretchable fibres and engineering plastics. Idemitsu is also planning to exit from the butanediol business soon.

   Read More About : DOWNSTREAM Japan Joint Venture BASF
⬅ all news

Please Login to Save News for Later