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Sibelco and Saint-Gobain have agreed to separate their Jundu joint venture in Brazil. Under the proposed separation, certain sites will become part of Sibelco and others will remain with Saint-Gobain, subject to regulatory approvals.
“This decision reflects the ambition of both companies to further focus their businesses and position themselves for long-term success.”sibelco.com
Summarized from public sources; check the original articles before acting on it.