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Major PPE alloy producers are trying to increase their customer base by establishing joint ventures. For instance, in February 2017, Asahi Kasei completed a JV agreement with China National Bluestar, a subsidiary of China National Chemical Corp. (ChemChina), for the production and sale of XYRON, a modified Polyphenylene Ether (mPPE), in China. This JV will help Asahi Kasei to increase its customer base in China. Other major companies in the market are