Nihon Oxirane changes

摘要

Tokyo-Sumitomo Chemical Co. Ltd is to put its new propylene oxide (PO) plant in Chiba, Japan, into its Nihon Oxirane Co. Ltd (NOC) joint venture by 2006. The plan will also see Sumitomo raise its stake in NOC to 60 percent, by acquiring a 10-percent holding from JV partner Lyondell Chemical Co. by 31 March, 2003.