# EU clears joint venture between ChemChina and Asahi Kasei

The European Commission approved the creation of a joint venture between ChemChina and Asahi Kasei Corporation for the production and sale of plastic goods in China.

- Type: Partnership
- Announced: 2017-08-03
- Where: China
- Status: announced
- Products: plastic goods
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Asahi Kasei](https://endata.com/companies/8888.md) (partner)
- [China National Chemical Corporation](https://endata.com/companies/24675.md) (partner)

## Sources

- [europe.chinadaily.com.cn](http://europe.chinadaily.com.cn/business/2017-08/03/content_30338985.htm), 2017-08-03: "The joint venture has no actual or foreseen activities in the European Economic Area as it is designed to be active in China."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.