Chembond Chemicals inks JV agreement with I-Chem Solution

Chembond Chemicals has signed a Joint Venture (JV) agreement with I-Chem Solution Sdn Bhd, Malaysia, operating in the water treatment solutions business, to serve water treatment market. The company would own 51% of the equity in the Joint Venture with the balance being held by I-Chem Solution Sdn Bhd.

Chembond Chemicals is engaged in specialty chemicals business and offers a range of products for industrial applications. The company offers products for applications in the areas of construction chemicals, industrial coatings and chemical trading.