RELIANCE
Follow-up: EPS joint venture with Nova Chemicals alive and well
A spokeswoman for Nova Chemicals (Calgary, Alberty / Canada; www.novachem.com) has denied Indian media reports that its building products joint venture with Reliance Industries (RIL, Mumbai / India; www.ril.com) has been aborted – see Plasteurope.com of 08.10.2009. In a conversation with PIE, the spokeswoman said that following a complaint by Reliance, India’s “Business Standard” had corrected its article in the meantime. Speaking for Nova Chemicals, she confirmed that the joint venture remained alive and well.
20.10.2009 Plasteurope.com [214652]
Published on 20.10.2009