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    Home > Chemicals Industry > International Chemical > Issue 12/2019 - Japan Catalyst and Sanyo Chemical intend to merge

    Issue 12/2019 - Japan Catalyst and Sanyo Chemical intend to merge

    • Last Update: 2022-11-11
    • Source: Internet
    • Author: User
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    Nippon SHOKUBAI and Sanyo
    Chemical Industries announced that they have reached a basic agreement to combine
    their businesses through a share transfer.
    The two companies will review and discuss the merger, reaching a definitive agreement around December 2019, and plan to establish an integrated holding company
    in Kyoto, Japan, on October 1, 2020.
    The holding company will be listed on the Tokyo Stock Exchange, while both Nippon Catalyst and Sanyo Chemical will be delisted and become wholly-owned subsidiaries of
    the holding company.

    The business integration focused on the acrylic and superabsorbent polymer (SAP) business
    .
    At present, Sanyo Chemical and Japan Catalytic have a combined SAP production capacity of more than 1 million tons
    .




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