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Business

Hercules in Chinese Pact

October 10, 2005 | A version of this story appeared in Volume 83, Issue 41

Hercules has formed a joint venture with two Chinese methylcellulose producers. The venture, named Hercules Tianpu Chemical, will include a combined 6,000 metric tons per year of methylcellulose capacity run by Luzhou North Chemical Industries in Luzhou, Sichuan province, and by a related firm, Suzhou Tianpu, in Zhangjiagang, Jiangsu province. The venture will also include a new 12,000-metric-ton methylcellulose plant under construction in Zhangjiagang and set to open next year using Hercules technology.

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