Velsicol moves in Wuhan

Gordon, Michael
September 2006
ICIS Chemical Business;9/11/2006, Vol. 1 Issue 34, p28
Trade Publication
This article states that U.S.-based Velsicol Chemical Corporation and China's Wuhan Youji Industries will form a joint venture to produce and market benzoate esters and polymeric plasticisers in Wuhan, Hubei Province, China. Velsicol is the majority partner in the joint venture with Wuhan Youji, which is a company backward integrated in key raw materials. The plasticisers unit will be built on an existing site owned by Wuhan and so will benefit from the existing infrastructure. Velsicol currently manufactures the Benzoflex brand of benzoate esters and Admex polymeric plasticizers at facilities in Chestertown, Memphis, Chattanooga in Tennessee, and Kohtla-Hirve in Estonia.


Related Articles

  • Velsicol, Youji form manufacturing JV.  // Plastics News;9/18/2006, Vol. 18 Issue 29, p22 

    The article reports that a joint venture has been formed in China by Chinese chemical manufacturer Wuhan Youji Industries and Rosemont, Illinois-based plasticizer maker Velsicol Chemical Corp. As part of the joint venture, the companies will make plasticizers and benzoate esters at a plant in...

  • Velsicol forges joint venture in Estonia.  // Paint & Coatings Industry;May95, Vol. 11 Issue 5, p16 

    Reports on a joint venture between Velsicol Chemical Corp. and Estonia's Ministry of Economic Affairs to operate a benzoic acid manufacturing facility in Estonia. Distribution of shares; Uses of benzoic acid.

  • 5-MINUTE NEWS WATCH. Chang, Joseph // ICIS Chemical Business Americas;9/4/2006, Vol. 270 Issue 8, p8 

    The article offers news briefs on the chemical industry. DuPont has plans to expand its production of high-performance Nomex fibers. Two agreements have been signed by International Specialty Products with BioTechnologie for a strategic alliance. Velsicol has formed a joint venture with Whan...

  • The Dynamics of Joint Ventures, Mergers, and Acquisitions in the Merchant Processing Business. Abbey, Charles Marc // Bank Accounting & Finance (08943958);Dec2003, Vol. 17 Issue 1, p22 

    Describes why alliances in various forms have emerged in the U.S. Buyer problems which have been solved by the appearance of mergers and acquisitions; Common problems in acquiring ventures; Basic principles in thinking through an alliance.

  • The Joint Venture.  // Time;12/14/1959, Vol. 74 Issue 24, p39 

    The article focuses on the business partnerships among companies in Latin America with other foreign capitalists. It comments that in an age of nationalism, joint venture helps to give Latin America the outside capital it needs while giving the outside capitalists the security he wants. It...

  • How to Learn Knowledge from Foreign Partner: A Case Study of Japanese Joint Venture in Indonesia. Mursitama, Tirta N. // I-Business;Jun2010, Vol. 2 Issue 2, p168 

    This research focuses on how local partner learn knowledge from foreign partner in Japanese joint venture in emerging economies context. Contribution of this research is as follows. First, by distinguishing the type and characteristics of each process, this typology enhances our understanding...

  • Strategic allies. Hibbert, Lee // Professional Engineering;5/9/2007, Vol. 20 Issue 9, p31 

    The article focuses on the important role of the consultancy sector in advising the Ministry of Defence (MoD) regarding procurement projects in Great Britain. It was cited that companies in the country are forming strategic alliances to give themselves more clout and a chance to grab a larger...

  • STRATEJÄ°K Ä°TTÄ°FAK ANLAÅžMALARI: TÃœRK Ä°ÅžLETMELERÄ° ÃœZERÄ°NE BÄ°R ARAÅžTIRMA. Çakınberk, Arzu // e-Journal of New World Sciences Academy (NWSA);2009, Vol. 4 Issue 2, p170 

    Strategic alliances are an agreement in which independent relationship between businesses for sharing their resources, competitive advantages and increasing their performances that includes voluntary exchange, share and improvement of their businesses. Nowadays, this type of cooperation...

  • Donovan's Pairs With Trophy's To Cook Up New Steakhouse Site. Lewis, Connie // San Diego Business Journal;9/24/2007, Vol. 28 Issue 39, p1 

    The article reports on the partnership between Donovan's Steak & Chop House and Trophy's Sports Grill for the establishment of a new steakhouse site in Sand Diego, California. In the new venture, Donovan's has 50.1% share while Trophy's has 49.9%. The new business is expected to attract 70% of...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics