Bluestar to shine bright with Blackstone

Tan, Florence
September 2007
ICIS Chemical Business;9/24/2007, Vol. 272 Issue 11, p21
Trade Publication
The article reports that the private equity firm Blackstone Group Inc. has purchased a significant stake in Bluestar Inc., a subsidiary of state-owned China National Chemical Corp., in China. Blackstone made its move after selling 9% of itself to the Chinese government in May for $3 billion. Bluestar is already producing phenol and bisphenol A (BPA) feedstocks.


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