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Mitsui Chemicals from Asahi Kasei to acquire SUNVIEO business Mitsui Chemicals recently announced that it plans to acquire Asahi Kasei Corporation's (AsahiKASEI) SUNVIEO styrene thermoplastic elastomer (TPS) business
on December 1.
The company's thermoplastic vulcanizates (TPVs) are already used in automotive interiors, weatherstrips, steering devices, and more
.
At the same time, its thermoplastic polyolefin elastomer (TPO) has been used in components
such as airbag covers.
MITSUI CHEMICALS' ACQUISITION OF ASAHI KASEI'S SUNVIEO BUSINESS WILL ADD TPS TO THE TECHNOLOGY RANKS, ENABLING THE COMPANY TO MEET A WIDE RANGE OF NEEDS IN A VARIETY OF SECTORS, INCLUDING AUTOMOTIVE PARTS AND CONSUMER PRODUCTS, AND EXPECTS THE TECHNOLOGY TO MAKE THE EXISTING MILASAME FAMILY MORE COMPETITIVE
IN THE MARKET.