Don’t miss the latest developments in business and finance.

AkzoNoble and Atul form joint venture 'ANAVEN'

Image
Capital Market
Last Updated : May 16 2017 | 12:03 AM IST

To manufacture monochloroacetic acid in India

AkzoNoble and Atul have formally agreed the joint venture partnership announced last year for the production of monochloroacetic acid (MCA) in India.

The companies will establish a new plant at Atul's facility in Gujarat by first quarter of 2019, which each partner holding a 50% stake in the joint venture, to be registered as 'ANAVEN'.

Powered by Capital Market - Live News

Also Read

First Published: May 15 2017 | 7:32 PM IST

Next Story