# Mitsubishi Chemical Corporation acquires Welset's PVC compound business

Welset Plast Extrusion Pvt. Ltd. signed an agreement on 6 June 2018 to divest its PVC compound business to Mitsubishi Chemical Corporation (MCC), Japan.

- Type: Acquisition
- Announced: 2020-08-04
- Where: Mumbai, India
- Status: completed
- Products: PVC compounds, TPE
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Mitsubishi Chemical Corporation](https://endata.com/companies/5545.md) (acquirer)
- [Welset Plast Extrusion Pvt. Ltd.](https://endata.com/companies/48715.md) (target)

## Sources

- [welset.com](https://welset.com/welset-pvc-compound-business-finds-suitor-in-mitsubishi-chemical-corporation-japan/), 2020-08-04: "Divesting this business to MCC is testimony to the value proposition that Welset has built across its businesses for all its stakeholders."

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