# Ube Industries and Mitsubishi Materials to integrate cement businesses

Ube Industries and Mitsubishi Materials have formally resolved to integrate their cement and related businesses by April 2022. A new joint venture company will be established in April 2021, with each company holding 50%.

- Type: Acquisition
- Announced: 2020-09-29
- Where: Japan
- Status: announced
- Products: cement, building materials, ready-mix concrete
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Mitsubishi Materials](https://endata.com/companies/8627.md) (partner)
- [UBE Industries Ltd](https://endata.com/companies/21995.md) (partner)

## Sources

- [nikkei.com](https://www.nikkei.com/article/DGXMZO64382760Z20C20A9X93000/), 2020-09-29: "統合により「営業利益で100億円規模の改善を目指す」"

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