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SI Group formed a joint venture with Shengxiao Group to bring on additional biphenol capacity in China. Biphenol is used as a monomer in liquid crystal polymers and other applications.
SI Group and Shengxiao Group announced the formation of a joint venture, Shengnova Advanced Materials, based in Sichuan, China, to accelerate Biphenol capacity expansion. The venture combines Shengxiao's manufacturing asset with SI Group's technology.