Columbian Chemicals Acquires Copebras's Carbon Black From: Chemical Week | Date: June 24, 1998| Author: Wood, Andrew | COPYRIGHT 1998 Chemical Week Associates. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Phelps Dodge (Phoenix) has reached agreement to buy the Brazilian carbon black business of Minorco's Copebras subsidiary for about $220 million. Copebras operates a 170,000-m.t./year carbon black plant at Cubatao, So Paulo that has sales of about $110 million. The business will be operated by Columbian Chemicals, Phelps Dodge's carbon black subsidiary.

Phelps Dodge cites the rapid growth of the regional market and the globalization of its major customers. "The South American...

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