# DIC acquires Ideal Chemi Plast in India

Japan's DIC has acquired India's Ideal Chemi Plast, which makes acrylic, alkyd, and other resins used in coatings. DIC says the acquisition will allow it to realize its expansion strategy in South Asia.

- Type: Acquisition
- Announced: 2019-05-17
- Where: India
- Status: announced
- Products: acrylic resins, alkyd resins, other resins for coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [DIC Corporation](https://endata.com/companies/19672.md) (acquirer)
- [Ideal Chemi Plast](https://endata.com/companies/39552.md) (target)

## Sources

- [doi.org](https://doi.org/10.1021/cen-09720-buscon8), 2019-05-17: "DIC says the acquisition will allow it to realize its expansion strategy in South Asia."
- [cen.acs.org](https://cen.acs.org/business/mergers-&-acquisitions/DSM-DIC-look-India-growth/97/i20), 2019-05-18: "Japan’s DIC has acquired India’s Ideal Chemi Plast, which brings acrylic, alkyd, and other resins used in coatings."

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