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Kuraray will own a 53% stake in a planned facility in Thailand’s Rayong province that will produce styrenic block copolymers and high-heat-resistant nylon-9T. The Japanese firm’s two partners in this butadiene derivatives venture are Thailand’s PTT Global Chemical with a 33% stake and Sumitomo Corp. On its own, Kuraray will build a plant at the site for the isobutene derivative 3-methyl-1,5-pentanediol, used in polymer production.
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