Mitsubishi Rayon (TYO:3404) Plans a JV in Saudi Arabia

  Tokyo, Japan, Aug 7, 2009 - (ABN Newswire) - Japan's Mitsubishi Rayon (TYO:3404) plans to set up a joint venture in Saudi Arabia with major local chemical producer Saudi Basic Industries Corp (Sabic) to produce material used for acrylic glass, a Japanese media reported. The factory is expected to begin operations in 2013.  

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