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Home » News » GHCL Ltd (India) to purchase Soda ash unit in Romania
11.07.2006

GHCL Ltd (India) to purchase Soda ash unit in Romania

GHCL Ltd., an Indian Soda ash producer involved also in manufacturing some industrial chemicals and textiles, is set to acquire a second loss-making synthetic soda ash unit in Romania for around $24 million.  The acquisition of the 300,000 ton/year unit currently being run by a Romanian Government agency will be made through a deferred payment plan.  After the acquisition, GHCL would be the only manufacturer of synthetic soda ash in Romania and would gain access to the Eastern and Central European markets.

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