Megachem, the speciality chemical solutions provider, says it has gone into the business of manufacturing of expandable graphite.

On March 9, the company’s 36.19%-owned associated company, Megachem (Thailand), incorporated a joint venture (JV) in Thailand known as Mega Fuji Graphite Limited, with an initial registered capital of 5 million baht ($218,842).

Megachem (Thailand) has an equity interest of 49% in the JV, while the remaining 51% stake is owned by Fuji Graphite Works.

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