On April 15, Tokai Carbon Co. Ltd. (Tokyo, Japan) completed its acquisition of Cancarb Limited (Alberta, Canada) from TransCanada. The purchase price was C$190 million. Tokai Carbon is a leading producer of furnace black, with factories in Japan, China and Thailand. Cancarb is the world’s leading producer of thermal black, which it offers under the Thermax brandname.
April 18, 2014
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