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Business
BASF Invests In China Mining Chemicals
by Jean-François Tremblay
October 31, 2011
| A version of this story appeared in
Volume 89, Issue 44
BASF has acquired a 75% stake in China’s Ji’Ning Hock Mining & Engineering Equipment Co. Hock supplies polyurethanes and other chemicals to coal-mining operations in China. They are used in chemical injection and cavity filling in the mining industry to prevent water and gas accumulation and to stabilize cavities. Hock recorded sales of $70 million last year.
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