The Dutch group AKZO NOBEL (turnover EUR 14 billion in 2001 with 66,000 employed in 80 countries) and Indonesian group PT BINA PROPERTINDO EDIKARYA have created a joint venture in Indonesia. The new company, of which AKZO NOBEL will hold 65%, will produce decorative paints for the local market. Furthermore, the subsidiary AKZO NOBEL SURFACE CHEMISTRY (turnover $631 million) will acquire the "industrial specialities" business of CROMPTON CORPORATION, including activities in the United States,...