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DIC acquires Chinese coating resin producer Tongde New Materials · Endata

◂ Announcements

Specialty Chemicalsworld trade 2024+2.3% 5Y CAGR

Jul 1, 2026ACQUISITIONShaoguan, Guangdong, China

DIC acquires Chinese coating resin producer Tongde New Materials

DIC Corporation, through its China headquarters Daisheng Investment Co., Ltd., acquired 100% of Guangdong Tongde New Materials Co., Ltd. on July 1, 2026. The investment amount was not disclosed but is estimated between 1.2-1.5 billion yuan.

Status

Completed

Capacity

100,000 tons of resin per year

Productswater-based alkyd resinwater-based epoxy resinwater-based acrylic resinwater-based polyurethane resin

CompaniesDIC Corporation acquirer Guangdong Tongde New Materials Co., Ltd. target

Sectors#Specialty Chemicals

“On July 1, DIC Co., Ltd. issued an announcement saying that China Headquarters-Daisheng Investment Co., Ltd. announced the acquisition of Guangdong TOD New Materials Co., Ltd.”globalpu.net

1 source
globalpu.netDIC Acquires Chinese Coating Resin Producer Tongde New Materials_article_Global PU materials netMobile SiteNov 7, 2026

Summarized from public sources; check the original articles before acting on it.

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