Loading…

Mitsui Chemicals, Idemitsu Kosan and Sumitomo Chemical have concluded a business integration agreement to transfer Sumitomo Chemical's polypropylene and linear low-density polyethylene businesses in Japan into Prime Polymer, a joint venture of Mitsui and Idemitsu. Sumitomo Chemical will receive a 20% stake in Prime Polymer.
“The companies now hereby announce that, after thorough review, they have concluded a business integration agreement and a joint venture agreement regarding the Business Integration.”rttnews.com
Summarized from public sources; check the original articles before acting on it.