Ube, JSR and Mitsubishi merge ABS resin businesses into Techno-UMG

Japanese chemical makers Ube Industries, JSR Corp., and Mitsubishi Chemical Corp. integrated their ABS resin businesses. Techno Polymer Co. (JSR subsidiary) and UMG ABS Ltd. (jointly owned by Ube and Mitsubishi) merged to form Techno-UMG, based in Tokyo. JSR holds 51% and UMG ABS holds 49%.

“The integration is to take the form of an absorption-type split, with UMG ABS as the absorbed company and Techno Polymer as the successor company.”canplastics.com

• 1 source
• canplastics.comUbe, JSR And Mitsubishi Merge ABS Resin Businesses - Canadian PlasticsJan 15, 2018

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