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Jun 20, 2012, 03.22 PM IST

Ion Exchange concludes JV Agreement with Safic

Ion Exchange has concluded a JV Agreement with Safic (Pty) Ltd., a Accentuate group Co to strengthen its water treatment operations in South Africa.

Source: Moneycontrol.com
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Ion Exchange India Ltd has informed BSE that the Company has concluded a Joint Venture Agreement with Safic (Pty) Ltd., a Accentuate Ltd. group Company to strengthen its water treatment operations in South Africa.Ion Exchange (India) Limited will hold 60% stake in the Joint Venture which is established in Johannesburg under the name and style "Ion Exchange Safic (Pty) Ltd.". The balance stake will be held by Safic (Pty) Ltd.Source : BSE

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