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Article: Excel, Mitsui to build facility in China.(News)

Article from:
Rubber & Plastics News
Article date:
December 11, 2006
Copyright

Byline: Edward Noga

This time Excel Polymers L.L.C. is hooking up with a partner in China-a really big partner.

Excel and Mitsui and Co. Ltd., one of the world's largest trading companies with deep connections with Japanese auto makers, have agreed to form a rubber compounding joint venture at a new site in southern China. Excel already operates a wholly owned facility in Shanghai.

Operating under the Excel name as EXLP Global (Forshan) Co. Ltd., the facility will be 61-percent owned by Excel and 39 percent by Japan's Mitsui. The greenfield plant will take about a year to complete and represent an investment of $15 million, according to John ...

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