Dow, Befar plan JV
By Richard Fu |
March 31, 2011, Thursday
|
Print Edition
Print Edition
DOW Chemical Co and Shanghai-listed Befar Group Co plan to form a 50-50 joint venture to make perchloroethylene, a key material for non-ozone depleting refrigerants used in industrial, automotives and construction.
They may build a plant with an initial capacity of 40,000 tons a year in Binzhou, Shandong Province, and able to double production qucikly. The proposed plant may start production in 2014.
They may build a plant with an initial capacity of 40,000 tons a year in Binzhou, Shandong Province, and able to double production qucikly. The proposed plant may start production in 2014.
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