# 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%.

- Type: Acquisition
- Announced: 2018-01-15
- Where: Tokyo, Japan
- Status: completed
- Products: ABS resin, AS resin, AES resin, styrene resins
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Mitsubishi Chemical Corporation](https://endata.com/companies/5545.md) (partner)
- [UBE Industries Ltd](https://endata.com/companies/21995.md) (partner)
- [JSR Corporation](https://endata.com/companies/23191.md) (acquirer)
- [UMG ABS](https://endata.com/companies/23192.md) (target)
- [Techno Polymer](https://endata.com/companies/23193.md) (target)

## Sources

- [canplastics.com](https://www.canplastics.com/materials/ube-jsr-mitsubishi-merge-abs-resin-business/1003447609/), 2018-01-15: "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."

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