Nippon Shokubai and Sanyo Chemical consider merger

Japanese chemical makers Nippon Shokubai and Sanyo Chemical Industries announced they are considering a merger to create a combined company with about $4.7 billion in annual sales, aiming to become the 11th largest Japanese chemical company.

“The Japanese chemical makers Nippon Shokubai and Sanyo Chemical Industries say they are considering merging into a single firm that would have about $4.7 billion in annual sales and be the 11th largest Japanese chemical company.”cen.acs.org

• 3 sources
• cen.acs.orgJapan’s Nippon Shokubai, Sanyo Chemical eye mergerMichael McCoyJun 3, 2019
• specchemonline.comNippon Shokubai and Sanyo Chemical to merge | Speciality Chemicals MagazineJun 4, 2019
• grandtiico.comSAP Producer Nippon Shokubai Will Merge With Sanyo - Industry News - News - Tiico PaperSep 25, 2019

Summarized from public sources; check the original articles before acting on it.