Morgan Stanley Gets Stake In Chinese Firm | Chemical & Engineering News
Volume 90 Issue 14 | p. 12 | Concentrates
Issue Date: April 2, 2012

Morgan Stanley Gets Stake In Chinese Firm

Department: Business
Keywords: private equity, lubricants, fluorochemicals

Morgan Stanley Private Equity Asia has made a $300 million investment in Tianhe Chemicals Group. The 20-year-old firm, based in Jinzhou, Liaoning province, employs 1,200 people at three sites in China making lubricant oil additives and fluorochemicals. Morgan Stanley says it will help Tianhe transition from being a domestic specialty chemical supplier to a major global player.

 
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