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PRAGUE (Reuters)
-- China's Wanhua Industrial Group has agreed to buy 38% stake in
Hungarian PVC maker BorsodChem for 140 million euros ($171.3
million).
BorsodChem will use the funding to complete the
construction of its new TDI 2 (Toulene di-isocyanate) plant and the new Nitric
Acid plant as well as for general corporate purposes.
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