Issue Date: July 19, 2010
Ashland and Süd-Chemie have agreed to expand their European metal foundry chemicals joint venture into a global joint venture. The expanded venture, to be called ASK Chemicals, was first proposed in mid-2008. It will employ about 1,300 people and have sales of roughly $600 million this year.
Mitsubishi Rayon has resumed building a 2,700-metric-ton-per-year carbon fiber plant in southern Japan. The company halted construction in March 2009 in response to . . .
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