# 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.

- Type: Acquisition
- Announced: 2020-08-03
- Where: Shimizu and Narita, Japan, Japan
- Status: announced
- Capacity: 33,000 tonnes/year (SMC production capacity after acquisition)
- Products: sheet molding compound (SMC), molded SMC parts
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Nippon Shokubai](https://endata.com/companies/15191.md) (investor)
- [Mitsui Chemicals](https://endata.com/companies/19809.md) (investor)
- [DIC Kako Corporation](https://endata.com/companies/45418.md) (target)
- [Japan Composite Co. Ltd.](https://endata.com/companies/49155.md) (acquirer)

## Sources

- [plasticstoday.com](https://www.plasticstoday.com/automotive-mobility/mitsui-chemicals-augments-smc-business), 2020-08-17: "Japan Composite Co. Ltd. has agreed to acquire the sheet molding compound (SMC) and molding operations of DIC Kako Inc."

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