While specific details of the terms of the partnership will remain confidential, the definitive agreement includes a five-year period of exclusivity for this key customer, who will deploy the TRIO™ for consumer electronics applications.

Asian Paints has entered into a binding term sheet for the setting up of a joint venture in Fujairah, United Arab Emirates (UAE).

Specialty chemicals company LANXESS and private equity investor Advent International (Advent) are establishing a joint venture for high-performance engineering polymers.