Korean DC Chemical aims to buy Columbian Chemical

Seoul, Korea — DC Chemical Co. a Korean chemical company, previously known as Korea Steel Chemical Company Limited, has told the Korean stock exchange that it intends to buy carbon black maker, Columbian Chemical Co., a subsidiary of mining giant, Phelps Dodge.

DCC has two plants making carbon black in S Korea, each with a nominal capacity of 100 kt/year, and the products are sold under the trade name Dash Black.

Columbian is the third-largest carbon black maker in the world, after Cabot and Degussa….

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