ERJ staff report (DS)
Beijing -- DuPont Performance Polymers and Chenguang Chemical Research Institute are to form a 50/50 joint venture for the production and marketing of fluoroelastomer gums and precompounds in China. Chenguang is a subsidiary owned by China National Chemical Corporation (ChemChina).
. The joint venture, which will include a new state-of-the-art precompounding plant to be constructed in Shanghai, is expected to be operational in the first half of 2013
â€œThis joint venture combines DuPont's leading fluoroelastomer technology, global reach and strong DuPont Viton brand with Chenguang's manufacturing position and China presence,â€ said Diane H. Gulyas, president of DuPont Performance Polymers
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Press release from DuPont