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Princeton chemical manufacturer agrees to buy out joint venture partner

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Princeton-based chemical manufacturer Rockwood Holdings Inc. today entered into an agreement to purchase Finland-based Kemira Oyj's 39 percent interest in Sachtleben, the companies' joint German titanium dioxide supply business, for $130 million.

Rockwood expects to obtain 100 percent ownership of the joint venture no later than Feb. 19, 2013.

 

 

 

 

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