IM Skaugen takes half of Chinese company

Burridge, Elaine
May 2006
ICIS Chemical Business;5/29/2006, Vol. 1 Issue 21, p37
Trade Publication
The article reports on the joint venture formed by IM Skaugen with Chinese marine equipment manufacturer Zhangjiagang Shenghui Chemical Machinery. IM is investing $12.2 million to take a 50% stake in the company. The balance of the shares are owned by Zhangjiagang's management team, headed by its general manager Zhou Jian Liang.


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