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Business
Süd Chemie, Ashland Target Metal Casting
June 23, 2008
| A version of this story appeared in
Volume 86, Issue 25
S üd Chemie and Ashland plan to expand an existing European partnership into a 50-50 global joint venture serving the metal casting industry. The new enterprise will combine the foundry-related sales, marketing, technology, and manufacturing operations of the parent companies and will focus on developing countries. Had it existed last year, the venture would have had sales of about $1.1 billion.
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