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Japan Composite to acquire DIC Kako's SMC and molding operations · Endata

◂ Announcements

Aug 3, 2020ACQUISITIONShimizu and Narita, Japan, Japan

Japan Composite to acquire DIC Kako's SMC and molding operations

Japan Composite Co. Ltd., owned 65% by Mitsui Chemicals and 35% by Nippon Shokubai, agreed to acquire the sheet molding compound (SMC) and molding operations of DIC Kako Inc. The deal was signed on August 3, 2020, and the acquired business will operate as JC Kako Co. Ltd. starting December 1, 2020.

Status

Announced

Capacity

33,000 tonnes/year (SMC production capacity after acquisition)

Productssheet molding compound (SMC)molded SMC parts

CompaniesNippon Shokubai investor Mitsui Chemicals investor DIC Kako Corporation target Japan Composite Co. Ltd. acquirer

Sectors#Plastics and Polymers #Automotive Components

“Japan Composite Co. Ltd. has agreed to acquire the sheet molding compound (SMC) and molding operations of DIC Kako Inc.”plasticstoday.com

1 source
plasticstoday.comMitsui Chemicals Augments SMC BusinessStephen MooreAug 17, 2020

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

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