# Kuraray to transfer methacrylate business in China to Jiangsu Double Elephant Group

Kuraray decided to transfer all shares of its subsidiary Kuraray Methacrylate (Zhang Jia Gang) to Jiangsu Double Elephant Group, with transfer expected from mid-February to early March 2026.

- Type: Acquisition
- Announced: 2025-12-09
- Where: Zhangjiagang City, Jiangsu Province, China
- Status: announced
- Products: cast methacrylic resin sheets
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Kuraray](https://endata.com/companies/2973.md) (partner)
- [Jiangsu Double Elephant Group](https://endata.com/companies/89024.md) (acquirer)
- [Kuraray Methacrylate (Zhang Jia Gang)](https://endata.com/companies/89025.md) (target)

## Sources

- [chemengonline.com](https://www.chemengonline.com/kuraray-to-transfer-its-methacrylate-business-in-china/), 2025-12-09: "Kuraray Co. has decided to transfer all of the shares of its wholly owned subsidiary Kuraray Methacrylate (Zhang Jia Gang) Co. to Jiangsu Double Elephant Group Co. and has concluded a share transfer agreement."

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