Matex International Expands with Shanghai Joint Venture

Matex International Limited (SG:M15) has released an update.

Matex International Limited has successfully formalized a joint venture in Shanghai, China, with significant contributions from key partners totaling RMB12 million. The venture aims to bolster Matex’s presence in the chemical technology sector, with Zhenghe New Materials Technology, Matex Chemicals Technologies, and JCS Group participating as major shareholders. This strategic move is expected to enhance Matex’s growth prospects in the Asian market.

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