MCI and SKC target to form the new joint venture company (“JVC”) by April 1, 2015 subject to completion of necessary procedures, such as the obtaining of relevant approvals and licenses. The JVC is headed to be a global comprehensive manufacturer of polyurethane materials which provides value for customers and targets sales of US $2.0 billion per year around 2020. For more information please reference the following link: SKC & Mitsui.


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