News from Notch Consulting, Inc.

August 30, 2017

Tokai acquires full ownership of TCP

Filed under: Carbon Black — Notch @ 10:14 am

With the purchase of the 5% stake it had not already owned, Tokai Carbon Corp. has acquired full ownership of Thai Tokai Carbon Product Co. Ltd. (TCP).

TCP was established in 1989 as a carbon black manufacturing and selling company through a joint venture consisting of several companies in Thailand.

In 1990, Tokai Carbon started a technology licensing agreement with TCP and acquired a 25% interest. It subsequently acquired 95% ownership.

Making TCP a wholly owned.

Sourced article found here (subscription required).

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