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Carlyle invests
 
Shanghai Daily--07-08-2008      [-] Text [+]
 
CARLYLE Group, the private-equity firm run by David Rubenstein, said it will invest US$87 million in privately owned Sinorgchem (Group) Co, a Chinese maker of chemicals used in rubber products.
Sinorgchem is the biggest Chinese supplier of para-phenylenediames, a key chemical additive used to make rubber products, Carlyle said in an e-mailed statement yesterday.

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