DuPont and ChemChina will form a 50/50 joint venture to produce and market fluoroelastomer gums and pre-compounds in China. Specifically, DuPont will work with the Chenguang Chemical Research Institute, which is a subsidiary of ChemChina (China National Chemical Corp.). The venture will include a precompounding plant to be constructed in Shanghai that's expected to be operational in the second half of 2011, pending government approval. DuPont said the arrangement will combine its fluoroelastomer technology, including the Viton brand with Chenguang's integrated manufacturing and strong China presence.
ChemChina is a state-owned enterprise established in May 2004, its subsidiary Chenguang describes itself as a leading technology and equipment supplier for fluoroelastomer gum production in China. ...