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Vinanic Steel Processing Co

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November 13, 1995 | Times Staff and Wire Reports
Steel Plate Venture Planned: Nissho Iwai Corp., Japan's sixth-largest trading company, will form a joint venture with Vietnam Steel Corp. and a Malaysian trading company to process steel plates in Vietnam. Establishment of Vinanic Steel Processing Co. will cost $600,000, with Vietnam Steel investing $300,000, a Nissho Iwai spokeswoman said last week. Nissho Iwai will provide 30% of the investment, and Malaysian company SMPC Metal Industries will provide the remaining 20%.
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BUSINESS
November 13, 1995 | Times Staff and Wire Reports
Steel Plate Venture Planned: Nissho Iwai Corp., Japan's sixth-largest trading company, will form a joint venture with Vietnam Steel Corp. and a Malaysian trading company to process steel plates in Vietnam. Establishment of Vinanic Steel Processing Co. will cost $600,000, with Vietnam Steel investing $300,000, a Nissho Iwai spokeswoman said last week. Nissho Iwai will provide 30% of the investment, and Malaysian company SMPC Metal Industries will provide the remaining 20%.
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