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- Title
Mid-market upbeat, despite credit crunch.
- Authors
Murphy, Marina
- Abstract
The article discusses the desire of Indian chemical companies to purchase companies in the west despite the credit crunch. It states that Indian chemical company Tata has already spent $1 billion in 2008 on U.S. company General Chemical Industrial Products, giving the company 14% of the soda ash market. Other companies with an eye on a western acquisition are pharmaceuticals Jubilant Organosys and Depeek. Other countries anticipated to engage the interest among strategic buyers are Brazil, China, Indonesia, Russia, Thailand, Malaysia, South Korea and Japan.
- Subjects
BRAZIL; CHINA; UNITED States; MERGERS &; acquisitions; TATA Sons Pvt. Ltd.; GENERAL Chemical Industrial Products Inc.; JUBILANT Organosys USA Inc.; PHARMACEUTICAL industry; CHEMICAL industry
- Publication
Chemistry & Industry, 2008, Issue 12, p5
- ISSN
0009-3068
- Publication type
Article