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Unid Invests 72.5 Billion KRW in Chinese Corporation Through Subsidiary

[Asia Economy Reporter Yoo Byung-don] UNID announced on the 15th that its subsidiary (UNID Chemical) will invest approximately 72.5 billion KRW in a Chinese potassium carbonate production and sales company (UNID New Materials).


After the investment, the shareholding ratio will be 90%.


UNID stated that the purpose of this investment is "to respond to changes in the business environment in China."


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