Issue Date: July 14, 2008
Carlyle Invests in China's Sinorgchem
The Carlyle Group, a private equity firm, will inject $87 million into Sinorgchem, a Chinese producer of rubber additives, in exchange for an undisclosed share in the firm. With headquarters in Shanghai, Sinorgchem is China's largest producer of p-phenylenediamines. Sinorgchem says Carlyle's management expertise will help it raise its competitiveness in the international market.
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