# 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.

- Type: Acquisition
- Announced: 2026-07-01
- Where: Shaoguan, Guangdong, China
- Status: completed
- Capacity: 100,000 tons of resin per year
- Products: water-based alkyd resin, water-based epoxy resin, water-based acrylic resin, water-based polyurethane resin
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [DIC Corporation](https://endata.com/companies/19672.md) (acquirer)
- [Guangdong Tongde New Materials Co., Ltd.](https://endata.com/companies/95266.md) (target)

## Sources

- [globalpu.net](https://www.globalpu.net/mobile/index.php?itemid=156&moduleid=21), 2026-11-07: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.