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November 1, 2007
1 Min Read
Nonstop growth in China has led two Italian material suppliers to sign a letter of agreement that forms a 50/50 joint venture between RadiciGroup Plastics (www.radicigroup.com) and Lati SpA (it.lati.com). The JV, based in Suzhou at the RadiciPlastics Suzhou Co. Ltd. compounding plant that opened in April, will manufacture and sell a range of engineering plastics under their corresponding brand names in Southeast Asia, including China, Hong Kong, Taiwan, and Singapore. Lati SpA specializes in self-extinguishing compounds for the electrical and household appliance sectors while RadiciGroup focuses on engineering plastics for automotive applications.
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