07 August 2008 11:05 [Source: ICIS news]
LONDON (ICIS news)--Sud-Chemie has bought a 75% stake in the foundry and construction bentonite operations of IMIC for an undisclosed sum, the German specialty chemicals company said on Thursday.
The new joint venture, Sud-Chemie IMIC Italia, would produce bentonite-based adsorbents and additives for the Italian foundry and construction industries.
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The company is the world’s largest manufacturer of specialty chemicals based on the clay mineral bentonite, it said.
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