Celanese and Mitsubishi Gas Chemical to restructure Korea Engineering Plastics JV

MOSCOW (MRC) -- Celanese Corporation, a global chemical and specialty materials company, and Mitsubishi Gas Chemical Company, Inc.В announced the signing of a memorandum of understanding (MOU) confirming their intent to restructure Korea Engineering Plastics Co. (KEP), a joint venture owned 50% by Celanese, 40% by MGC and 10% by Mitsubishi Corporation, said Chemweek.Under the terms of th

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