UPL Expands Footprint in China
UPL announced today plans to increase its stake in Uniphos International China Limited (UICL) to up to 49%, thereby making it an associate company. This strategic move will see UPL’s subsidiary, UPL Hong Kong, invest up to USD 98,000 in UICL, which is engaged in the sale and purchase of crop protection chemicals. The investment will be made in phases.
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