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DC Chemical Sells Carbon Black Stake

2:49 PM MST | January 13, 2009

Private equity firm One Equity Partners has bought the remaining 66.75% shares it did not already own in Columbian Chemicals from DC Chemical (Seoul) for $150 million. The transaction is expected to be completed this quarter. However, DC Chemical will continue to own and operate Columbian Chemicals’ 200,000-m.t./year Pohang and Gwangyang plants in South Korea, which serve the domestic carbon black market, DC Chemical...

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