POLYSAR IN JOINT VENTURE ON FINLAND LATEX PLANT

  Polysar Ltd, wholly owned by
  &lt;Canada Development Corp>, said it agreed to form a joint
  venture with Raision Tehtaat, of Finland, to build a synthetic
  rubber latex plant in southern Finland.
      Project cost and plant capacity were not disclosed.
      The joint venture, to be 51 pct owned by Raision Tehtaat
  and 49 pct by Polysar, will build a plant at Anjalankoski, east
  of Helsinki, to produce carboxylated styrene-butadiene latex.
      The plant's production will be used by Finland's paper
  industry for making coated paper and paper board products.
  

