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Markets :: Alternative Fuels :: Biorefineries
Aditya Birla Acquires Swedish Specialty Pulp and Biorefinery Company for $340 Million
9:56 PM MDT | April 18, 2011 | Deepti Ramesh
The Aditya Birla Group (Mumbai) says it has acquired Domsjö Fabriker (Örnsköldsvik, Sweden), a specialty pulp and biorefinery company, for $340 million from a Swedish consortium. The acquisition was done through Aditya Birla’s Thai Rayon (Bangkok) and Indo Bharat Rayon (Jakarta, Indonesia) subsidiaries. The acquisition will help Aditya Birla’s pulp and fiber business, a core business of the group, to further consolidate its global position, the company says. The acquisition of Domsjö Fabriker with its “cutting edge technology...
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