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Martin Resource Management Corporation and Copperbeck Energy Partners LLC formed a new joint venture, Saconix LLC, combining Martin's sulfuric acid business with Copperbeck's capital. Copperbeck will own 62.5% and MRMC 37.5%. The deal is expected to close by October 15, 2017.
“The formation of Saconix is the logical next step forward for the Business and will allow us to provide a more comprehensive set of capabilities to new and existing customers.”globenewswire.com
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