Israel’s Dead Sea Bromine Group (DSBG), a producer of bromine and bromine derivatives, has recently signed an agreement for long-term cooperation with the Japanese company, Manac, for the production and marketing of a flame retardant for engineering plastics. Projected sales during the first year of production are about two million dollars and the market potential is estimated at $30 million per year.
According to the agreement, DSBG will receive the rights for the production and marketing of the flame retardant, Brominated Polystyrene (FR 803), for engineering plastics for the world market in return for annual royalties to be paid to the Japanese company. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
