# Masan Resources acquires H.C. Starck's stake in tungsten chemicals JV

Masan Resources acquired H.C. Starck's 49% stake in Nui Phao-H.C. Starck Tungsten Chemicals Manufacturing LLC, gaining full ownership of the downstream tungsten processing joint venture.

- Type: Acquisition
- Announced: 2018-08-13
- Where: Vietnam
- Status: completed
- Products: tungsten chemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Masan Resources](https://endata.com/companies/33948.md) (acquirer)
- [H.C. Starck](https://endata.com/companies/33949.md) (target)

## Sources

- [vir.com.vn](https://vir.com.vn/masan-swimming-further-downstream-62025.html), 2018-08-27: "Masan Resources had just announced the acquisition of H.C. Starck’s 49 per cent ownership at Nui Phao-H.C.Starck Tungsten Chemicals Manufacturing LLC."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.