Synthetic rubber jv folds

摘要

Dow Reichhold Specialty Latex,a 50:50 joint venture set up in 2002 between Dow Chemical and Reichhold will cease to operate by the end of 2008,"since the joint venture no longer fits into the strategic plans for either owner,"said a spokesperson.The company's nitrile butadiene synthetic latex product recipes,equipment and technology used in manufacturing dipped gloves have been sold to Bangkok Synthetics.The assets purchased include process equipment located in Dow Reichhold plants in the US and these will be relocated to Thailand.