MOL Nyrt Chemicals Arm, Chinese Wanhua Sign Supply Agreement
May 02 2012 - 3:46AM
Dow Jones News
TVK Nyrt (TVK.BU), the chemicals subsidiary of Hungarian energy
group MOL Nyrt. (MOL.BU), said Wednesday it has signed a supply
agreement with China's Yantai Wanhua Polyurethanes Co. Ltd.
(600309.SH).
Under the scope of the contract TVK will supply Wanhua with
120,000 metric tons of ethylene a year, 1.2 million tons over the
course of a decade.
TVK noted that the deal is an extension of the established and
lengthy business relations between the companies.
-By Gergo Racz, Dow Jones Newswires, +361-267-0622;
gergo.racz@dowjones.com
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