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Calgon Carbon Completes Buyout of Mitsubishi’s Stake in Calgon Carbon Japan

10:15 AM MDT | April 1, 2011 | Deepti Ramesh

Calgon Carbon says it has completed the previously announced acquisition of Calgon Carbon Japan, its activated carbon joint venture with Mitsubishi Chemical, which was formerly called Calgon Mitsubishi Chemical. Calgon Carbon increased its ownership in the jv from 49% to 80% in March 2010 through the redemption of Mitsubishi’s shares and changed the name to Calgon Carbon Japan. The company completed the acquisition of Calgon Carbon Japan on March 31, 2011. Calgon Carbon signed a definitive agreement in February 2010 with Mitsubishi for the buyout of...

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