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The Financial Times reports that the world’s largest producer of soda-ash, an ingredient used in the making of glass, is planning to list on the London Stock Exchange, and is targeting a valuation of $7.5bn – enough to enter the FTSE 100. The paper quotes Alasdair Warren, chief executive of WE Soda, saying that, “in London, we can be a big fish in a relatively modest-sized pond”. It comes after British chip designer Arm switched its listing to New York and CRH, the world’s largest building materials group, announced plans to do the same.