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Shandong Dawn Polymer Material Co., Ltd. plans to acquire the plastic and engineering plastic compound business of South Korean Hwaseung Chemical in Vietnam through its Singapore subsidiary for a provisional transaction value of $15.737 million. The acquisition will give Dawn Polymer localized production capabilities in Vietnam.
“On February 2, Shandong Dawn Polymer Material Co., Ltd. disclosed a major overseas acquisition plan, intending to acquire the plastic and engineering plastic compound business of South Korean chemical giant Hwaseung Chemical in Vietnam.”news.chemnet.com
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