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Supplier news: International agreements

Montell Polyolefins (Hoofddorp, the Netherlands) established its first license in China for its "new generation" Spheripol PP process with Huabei Oilfield Refinery (Ren Qiu, He Bei province, China), a Chinese entity within the China National Petroleum Corp.

Montell has also made an agreement with SK Corp. (Seoul, South Korea) to acquire SK's 50% equity in Yukong Montell Ltd. of Korea. The company will become Montell Korea Ltd. and will remain in Seoul.

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