Japan Polychem to acquire six PP compounding companies from JPP

Japan Polychem Corporation (JPC), a subsidiary of Mitsubishi Chemical Corporation, plans to fully acquire six companies currently controlled by the joint venture Japan Polypropylene Corporation (JPP): Mytex Polymers US, Mytex Polymers de Mexico, Mytex Polymers India, Mytex Polymers Thailand, Beijing Ju-Ling-Yan Plastics, and JPF Asia (Changshu). The assets include PP compounding and long-glass-fiber-reinforced thermoplastic capacity. Financial terms were not disclosed.

“Die Konzerntochter Japan Polychem Corporation (JPC) wird sechs Unternehmen komplett übernehmen, die bislang über das Joint Venture Japan Polypropylene Corporation (JPP) kontrolliert werden.”plasticker.de

• 1 source
• plasticker.deJPC: Mitsubishi-Tochter konsolidiert Aktiva für PP-CompoundsNew Media Publisher GmbH, KaarstApr 15, 2021

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