Sumitomo Chemical to acquire 20% stake in Prime Polymer in polyolefin integration

Sumitomo Chemical entered into an absorption-type company split agreement to transfer its polypropylene and LLDPE businesses in Japan to Prime Polymer, in exchange for a 20% equity stake in Prime Polymer, as part of a two-phase integration.

“Sumitomo Chemical will acquire equity shares representing a 20% stake in Prime Polymer.”specialchem.com

• 1 source
• specialchem.comSumitomo Chemical begins phase one of polyolefin business splitApr 7, 2026

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