In Phase One of the new company, a new investment of $15 million is planned to further expand the production capacity of Thermolon.
Both companies will operate under the umbrella of Thermolon Ltd., and all products will be branded as Thermolon.
Thermolon and Shinwoo Merge/$15-Million Investment Planned
April 1, 2008
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HONG KONG - Thermolon, a supplier of non-stick coatings used in cookware, has announced that it has merged with Shinwoo Trading Co., the South Korean company that manufactures the coating. Thermolon™ coatings are completely PTFE-free; therefore, no PFOA (sometimes known as C8) is used at any stage during its manufacture.
In Phase One of the new company, a new investment of $15 million is planned to further expand the production capacity of Thermolon.
Both companies will operate under the umbrella of Thermolon Ltd., and all products will be branded as Thermolon.
In Phase One of the new company, a new investment of $15 million is planned to further expand the production capacity of Thermolon.
Both companies will operate under the umbrella of Thermolon Ltd., and all products will be branded as Thermolon.
