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TPR and Nippon Piston Ring agree to dissolve Indonesian joint venture
TPR Co., Ltd. announced that it has signed an agreement with Nippon Piston Ring Co., Ltd. (NPR) to dissolve their Indonesian joint venture, PT NT Piston Ring Indonesia (NTRI). In accordance with this agreement, TPR will sell its entire 50 percent share of NTRI to NPR at a sales value of USD 15.7 million (approximatel....
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