Covestro raises stake in DIC Covestro Polymer to 80%
Covestro increased its stake in joint venture DIC Covestro Polymer Ltd. from 50% to 80%, acquiring a majority stake for a low double-digit million EUR amount. Closing planned for early Q2 2019.
Productsthermoplastic polyurethanes (TPU)
“Covestro raises stake from 50% to 80% / Partnership with DIC Corporation continues / Acquisition as part of Covestro’s global growth strategy”covestro.com
- 7 sources
- covestro.comCovestro becomes majority stakeholder in DIC Covestro PolymeNov 28, 2018
- just-auto.comCovestro raises stake in DIC Covestro Polymer JV in Japan - Just AutoRhodri MorganNov 29, 2018
- pcimag.comCovestro Becomes Majority Stakeholder in DCP Joint Venture | 2018-11-30 | PCI MagazineBy: PCI Editorial StaffNov 30, 2018
- chemanager-online.comCovestro Widens Japanese TPU Stake • CHEManager is the market-leading medium for the management of the chemical and pharmaceutical industryDec 5, 2018
- european-coatings.comCovestro further expands TPU business - European CoatingsDec 5, 2018
Summarized from public sources; check the original articles before acting on it.