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Business
Degussa ups intermediate
October 3, 2005
| A version of this story appeared in
Volume 83, Issue 40
Degussa has formed a joint venture in Liaoning province, in northeastern China, to make hexamethylene-bis-triacetonediamine, an intermediate for hindered amine light stabilizers. The new venture, Degussa Tianda Chemical Additives, will have 110 employees and projected annual sales of just under $4 million. It is owned 70% by Degussa and 30% by local firm Dongdian No. 4 Co. Degussa, already a leading producer of the intermediate, says the venture will allow it to supply the Chinese market from a local, competitive source.
The power is now in your (nitrile gloved) hands
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