Tokai Carbon Moves to Boost Capacity, Open up Global Market With New US Acquisition

Carbon black manufacturer Tokai Carbon Co. Ltd. (TYO:5301) announced on June 26 that it has concluded an agreement to acquire all shares in U.S.-based carbon black manufacturer Sid Richardson Carbon Ltd. (SRC) and its affiliates SRCG Ltd. and New SRCG Genpar LLC. Tokai Carbon is set to pay a total of 34.1 billion yen ($308.74 million) for the acquisition, which…

Please subscribe to read the full story.

Log In
Subscribe Free Trial

, , , ,

Send this to a friend