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Hanwha Advanced Material snubbed at CSP bid

[THE INVESTOR] Hanwha Chemical announced on Aug. 29 that its subsidiary Hanwha Advanced Materials has failed in its bid to acquire Continental Structural Plastics, a US-based automotive materials manufacturer that supplies to General Motors, Ford and Chrysler. 

The preferred bidder will be announced in the next few days.

By Hwang You-mee (glamazon@heraldcorp.com)
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