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Asahi Kasei, Mitsubishi to Merge Ethylene Business, Nikkei Says

Asahi Kasei Corp. and Mitsubishi Chemical Holdings Corp. will merge ethylene operations, the Nikkei newspaper reported, without saying where it obtained the information. The companies will announce tomorrow plans for a venture to run the business and operate an industrial complex in Okayama prefecture, western Japan, the report said.

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