Akzo Nobel Resins and Thai Urethane Plastics and two other partners announced the formation of a sales and marketing joint venture, Synthese Thailand.

Akzo Nobel Resins, Arnhem, The Netherlands, Thai Urethane Plastics, Bangkok, and two other partners announced the formation of a sales and marketing joint venture, Synthese Thailand Co. Ltd., that will market and sell alkyd resins, amino resins and polyester powder resins in Thailand. Akzo Nobel Resins said the venture will strengthen its position in the Asian market, particularly in Thailand, by expanding its amino, alkyd and powder resin product offerings in the region. Akzo Nobel Resins also is a majority partner in joint ventures in Malaysia and Indonesia, and operates sales organizations in Singapore and China.