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BASF and Highsun Holding Group (HSCC) signed a letter of intent to establish a 50/50 joint venture merging their European operations in the polyamide-6 supply chain, including raw materials and polymer production. Global extrusion operations outside North America may also be included.
“BASF and the Chinese Highsun Holding Group (HSCC), the parent company of Fibrant, are exploring a merger of their European operations in the polyamide-6 supply chain.”industrylinqs.com
Summarized from public sources; check the original articles before acting on it.