Volume 90 Issue 15 | p. 18 | Concentrates
Issue Date: April 9, 2012

Cytec Gets Indian Mining-Chemical Firm

Department: Business
Keywords: acquisition, mining chemicals, copper

Cytec Industries has acquired Star Ore­chem International, an Indian chemical maker, for $37 million. Cytec says the acquisition will increase its capacity for metal extraction chemicals by 25%. Use of solvent extractants to treat copper-containing ore is rising, according to the firm, which expects its separations business to grow at a double-digit rate over the next few years. Cytec says the acquisition will allow it to better supply mining customers in Africa and the Asia-Pacific region.

Chemical & Engineering News
ISSN 0009-2347
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