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Carlyle to invest $87m in China's Sinorgchem
(Agencies)
Updated: 2008-07-08 09:20 Private equity company The Carlyle Group will invest $87 million in Chinese chemical firm Sinorgchem, the two companies said in a statement on Monday. Sinorgchem manufactures chemicals used in the production of rubber products. Carlyle has invested more than $3.5 billion in Asian equities and has assets worth $82.7 billion globally, the statement said. (For more biz stories, please visit Industries)
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