Markets :: Basic Chemicals :: Inorganic Chemicals :: Chlor-alkali
Soda Ash: Indian Companies Build Global Presence Through Acquisitions
10:05 AM MST | February 19, 2008 | Rebecca Coons
Tata Chemicals’ $1.005-billion purchase of General Chemical Soda Ash Partners (GCSAP) from General Chemical Industrial Products (East Hanover, NJ) late last month was the latest in a series of deals that have made Indian firms global players in the soda ash market. The acquisition includes 2.5 million m.t./year of soda ash capacity, which nearly doubles Tata’s capacity to 5.4 million m.t./year. It also propels Tata to second place worldwide with 14% of global soda ash capacity. The acquisition closes the size gap between Tata and Solvay, the...
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