# 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.

- Type: Acquisition
- Announced: 2019-05-29
- Where: Japan
- Status: rumored
- Products: superabsorbent polymers, performance chemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Nippon Shokubai](https://endata.com/companies/15191.md)
- [Sanyo Chemical Industries](https://endata.com/companies/15157.md) (partner)
- [Sanyo Chemical Industries](https://endata.com/companies/15157.md) (target)
- [Nippon Shokubai](https://endata.com/companies/15191.md) (acquirer)

## Sources

- [cen.acs.org](https://cen.acs.org/business/mergers-&-acquisitions/Japans-Nippon-Shokubai-Sanyo-Chemical/97/i22), 2019-06-03: "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."
- [specchemonline.com](https://www.specchemonline.com/nippon-shokubai-and-sanyo-chemical-merge), 2019-06-04: "The companies were exchanging opinions on various options including a business integration, and have reached an understanding that executing a business integration with each other is the best way to make use of the companies' strengths."
- [grandtiico.com](https://www.grandtiico.com/news/sap-producer-nippon-shokubai-will-merge-with-s-27748627.html), 2019-09-25: "Nippon Shokubai Co., Ltd., the world's largest manufacturer of highly absorbent resins (SAP), announced that it was considering merging with Sanyo Chemical Industries (Ltd.) to create synergies through business integration."

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