Dec 24, 2025ACQUISITIONJapan Sumitomo Chemical to transfer PP and LLDPE businesses to Prime Polymer, acquire 20% stake
Sumitomo Chemical will transfer its domestic polypropylene and LLDPE businesses to Prime Polymer via two-stage absorption-type demerger, and acquire a 20% stake in Prime Polymer, with effective dates in July 2026 and April 2027.
Capacity
1.59 MMt/y PP, 720,000 t/y PE
Productspolypropylene (PP)linear low-density polyethylene (LLDPE)
“住友化学は国内ポリオレフィン事業のPP及びLLDPE事業をプライムポリマーに二段階の簡易吸収分割で承継し、同社株式20%を取得。”japanir.jp
- 2 sources
- japanir.jp住友化学、国内ポリオレフィン事業をプライムポリマーに統合し20%株式取得へ | Japan IRDec 24, 2025
- chemweek.mydigitalpublication.comChemical Week • January 19/26 • Prime Polymer, Sumitomo Chemical finalize polyolefin JVKartik KohliJan 23, 2026
Summarized from public sources; check the original articles before acting on it.