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Hodogaya/ UPL jv in Japan

Japanese company Hodogaya Chemical and United Phosphorus Ltd (UPL) have agreed to establish a 60:40 joint venture to market agrochemicals in Japan, with a focus on the non-crop sector. The new company, Hodogaya UPL Co, will start operations on March 3rd 2008 and be based in Tokyo. It will have six directors, four from Hodogaya and two from UPL, with the president coming from Hodogaya.


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