Tokai Carbon to acquire French graphite firm

摘要

Tokai Carbon (Tokyo, Japan) will acquire Carbone Savoie International (Paris, France), a manufacturer of carbon and graphite products, for ￥19.7 billion ($182 million). Carbone Savoie’s core cathodes business for aluminum smelting is expected to achieve stable growth because the aluminum market, the end-market of the cathode business, is likely to continue grow steadily, says Tokai Carbon.