# Mitsubishi Chemical to merge subsidiaries Japan Coating Resin and Toei Kasei

Mitsubishi Chemical Corporation will merge its wholly owned subsidiaries Japan Coating Resin Corporation and Toei Kasei Co., Ltd. into a single entity under the JCR name, effective October 1, 2021.

- Type: Acquisition
- Announced: 2021-01-25
- Where: Tokyo and Osaka, Japan, Japan
- Status: announced
- Products: synthetic resin emulsions, acrylic coating materials
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Mitsubishi Chemical Corporation](https://endata.com/companies/5545.md)
- [Japan Coating Resin Corporation](https://endata.com/companies/52770.md) (target)
- [Toei Kasei Co., Ltd.](https://endata.com/companies/52771.md) (target)

## Sources

- [us.mitsubishi-chemical.com](https://us.mitsubishi-chemical.com/mitsubishi-chemical-group-companies-japan-coating-resin-and-toei-kasei-to-merge/), 2021-01-25: "Mitsubishi Chemical Corporation will merge two of its wholly owned subsidiaries, Japan Coating Resin Corporation and Toei Kasei Co., Ltd. into a single entity under the JCR name, effective October 1, 2021."

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