March 22, 2018 / 6:54 AM / a month ago

BRIEF-Far Eastern New Century unit to form JV to acquire plants and other assets in Texas, USA

March 22 (Reuters) - Far Eastern New Century Corp

* Says its unit, FAR EASTERN INVESTMENT (HOLDING) LIMITED, has agreed to form a joint venture with Indorama Ventures Holdings LP and Alpek, S.A.B. de C.V. to acquire M&G Chemicals’ PTA & PET plants and other assets in Texas, USA

* Each partner shall commit one third of the capital

Source text in Chinese:goo.gl/XYa5JG

Further company coverage: (Beijing Headline News)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below