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