Japanese firms eye plastics merger | Chemical & Engineering News
Volume 94 Issue 20 | p. 16 | Concentrates
Issue Date: May 16, 2016

Japanese firms eye plastics merger

Department: Business
Keywords: polymers, Japan, engineering plastic, ABS, restructuring

JSR, Mitsubishi Rayon, and Ube Industries have started to discuss the merger of subsidiaries that produce the engineering plastic acrylonitrile-butadiene-styrene. The two subsidiaries are Techno Polymer, wholly owned by JSR, and UMG ABS, equally owned by Mitsubishi Rayon and Ube. Techno Polymer is in Yokkaichi, Japan; UMG operates two plants in southern Japan. Talks among the parent companies will determine the feasibility of a merger and the stake that each would own in the combined entity.

 
Chemical & Engineering News
ISSN 0009-2347
Copyright © American Chemical Society

Leave A Comment

*Required to comment