Dow Corning: New Subsidiary Created
Dow Corning Corporation announced the creation of DC Silicone Rubber (Shanghai) Co. Ltd, a wholly-owned subsidiary of Dow Corning established to offer an expanded range of Dow Corning-branded silicone rubber products and solutions in Asia.
The creation of DC Silicone Rubber (Shanghai) Co. Ltd. closely follows Dow Corning´s January 1, 2007, divesture from DC Dongjue Silicone Group Co., Ltd. (DCDSG), a joint venture company with New Energy Chemicals Groups Ltd. – holding company for Dongjue Fine Chemicals (Nanjing) Co. Ltd.
As of the divesture, Dongjue Silicone Group no longer holds any direct association with Dow Corning or rights to represent Dow Corning and its associated trademarks in future trading. Dow Corning and Dongjue Fine Chemicals (Nanjing) Co. Ltd. operate as separate companies and offer separate lines of silicone rubber products.
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