Thursday, January 31, 2008

Tata Chem buys U.S. soda ash maker for $1 bln

Chemicals and fertilisers maker Tata Chemicals Ltd said on Thursday it has signed an agreement to acquire U.S.-based soda-ash producer General Chemical Industrial Products Inc, for $1.005 billion.
General Chemical has a 2.5-million-tonnes a year soda ash capacity in Wyoming, it said in a statement.

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