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Solvay and Shanghai 3F New Material agreed to establish a production joint venture in Changshu, China, for fluoromonomer TFE and PTFE polymers, with SH3F holding 80% and Solvay 20%. The TFE/PTFE plant is expected to be completed by Q1 2014.
“The agreement with SH3F will allow us to capture significant growth potential in the region, and China in particular.”manufacturing-journal.net
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