Tata Chemicals buys General Chemical of US for 1 billion

tata chemicals

Tata Chemicals has acquired US-based General Chem Industrial Products Inc for USD 1 billion, reports CNBC-TV18. Tata Chemicals has a soda ash capacity of 8,75000 tonnes per year. GCIP is a soda ash producer with a capacity of 2.5 mtpa. Meanwhile, Tata Chemicals has planned to increased its capacity to 1.2 million tonne per annum in the next two years.

general chemical

This move will very well catapult Tata Chemicals to be the second largest soda ash manufacturer in the world. This is a privately held company wherein Harbinger Capital Fund holds majority stake of it.

Full article here

+++

No comments

  • Felipè Rey

    We are very much interested in distibuting your products in Peru and Neighboring countries.

    We consume 6000 tons, and we can distribute 10,000 tons in our areas.

    We need a contact from your company.
    Plaese conatct us.
    Sincerely,

    Felipe Rey