# Daicel to acquire Polyplastics' engineering plastics business via company split

Daicel Corporation decided to acquire the entire engineering plastics business of Polyplastics Co., Ltd. through an absorption-type company split, effective April 1, 2026. Polyplastics will retain its legal entity for holding subsidiary shares.

- Type: Acquisition
- Announced: 2025-10-16
- Where: Japan
- Status: announced
- Products: engineering plastics
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Polyplastics Co.](https://endata.com/companies/23089.md) (target)
- [Daicel Corp.](https://endata.com/companies/23091.md) (acquirer)

## Sources

- [daicel.com](https://www.daicel.com/en/news/2025/20251016_1176/), 2025-10-16: "Daicel Corporation decided to proceed with the plan to acquire the entire business (excluding the business of holding and administering the shares of its subsidiaries and affiliates) of Polyplastics Co., Ltd. through an absorption-type company split effective April 1, 2026."
- [quiminet.com](https://www.quiminet.com/noticias/daicel-adquirira-polyplastics-por-escision-5148330.htm), 2025-11-25: "Daicel Corporation procederá a adquirir el negocio completo de Polyplastics mediante una escisión por absorción efectiva el 1 de abril de 2026."
- [visa-plastics.com](https://www.visa-plastics.com/news-show-2407.html), 2025-11-28: "Japan's leading chemical company, Daicel Corporation, recently announced a major business restructuring plan: effective April 1, 2026, it will fully integrate the engineering plastics business of its wholly-owned subsidiary, Polyplastics Co., Ltd., via an absorption-type merger."

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