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Materials

Germany’s Merck Buys Chinese Pigment Firm

by Michael McCoy
September 14, 2009 | A version of this story appeared in Volume 87, Issue 37
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Merck KGaA has acquired Suzhou Taizhu Technology Development, a Chinese supplier of special-effects pigments, for close to $41 million. Taizhu is located in Taicang, near Shanghai, and has 300 employees. Merck says the firm’s sales of more than $20 million last year make it one of China’s biggest effects pigment makers.

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