FAIRLAWN, Ohio (June 27)—A joint venture formed by Omnova Solutions Inc. of Fairlawn and Charoen Pkphand Petrochemical Co. Ltd. of Thailand has purchased a Chinese PVC coated fabrics business. The Shanghai, China-based operation will do business as CG-Omnova Decorative Products (Shanghai) Co. Ltd. The company currently has about $20 million in sales, producing home furnishing, outerwear, luggage and accessories, Omnova said. Omnova is the majority owner of the venture.
Omnova joint venture buys Chinese business
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