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Perstorp buys out minority partner in Shandong joint venture · Endata

◂ Announcements

Mar 5, 2024ACQUISITIONZibo, Shandong province, China

Perstorp buys out minority partner in Shandong joint venture

Perstorp has closed a deal to buy out its minority partner in the joint venture Shandong Perstorp Chemical Co., Ltd. (formerly Shandong Fufeng Perstorp Chemical Co., Ltd.), becoming the sole owner of the polyol manufacturing site in Zibo, Shandong province, China.

Status

Completed

Productspolyols

CompaniesPerstorp acquirer Shandong Fufeng Hongjin Investment Co., Ltd. target

Sectors#Specialty Chemicals

“Perstorp has closed a deal to buy out its minority partner in the joint venture Shandong Perstorp Chemical Co., Ltd., which has owned and operated Site Zibo in China.”perstorp.com

2 sources
perstorp.comPerstorp buys out minority partner at China siteMar 5, 2024
coatingsworld.comPerstorp Buys Out Minority Partner at China Site - Coatings WorldBy: KERRY PIANOFORTE EditorMar 5, 2024

Summarized from public sources; check the original articles before acting on it.

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