# EU clears ChemChina and Asahi Kasei joint venture

EU regulators approved the creation of a joint venture between ChemChina and Asahi Kasei Corporation to produce and sell plastic goods in China. The joint venture was agreed in February 2019.

- Type: Partnership
- Announced: 2019-08-02
- Where: China, 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

- [yy.chazidian.com](https://yy.chazidian.com/show-281806/), 2019-11-05: "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.