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Samsung buys cell material division of its chemical affiliate

Wed, 09/16/2015 - 10:42 -- Paul Crompton
Samsung buys cell material division of its chemical affiliate

Samsung’s battery-making arm Samsung SDI is set to buy the cell material division of its chemical affiliate to bolster competitiveness in the sector.

Samsung SDI will take over the cell material unit of Samsung Fine Chemicals on September 16 in a deal worth US$15.9 million.

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