Nippon steel chem and nippon carbon marge special carbon operations

摘要

Nippon steel Chemical and Nippon Carbon have reached basic agreement to the merging of the special carbon product operations of both groups in January 2003. Nippon Steel Chemical's strength lies in raw materials, while Nippon Carbon is strong in the semiconductor sector, so merging of their special carbon operations is expected to generate a synergy. The merged company is to be financed equally by the two companies and sales of approximately ￥7 bn (