May 11, 2021ACQUISITIONSouth Korea Kumho Petrochemical to acquire JSR's stake in Kumho Polychem
Kumho Petrochemical announced it will acquire a 50% stake in Kumho Polychem from co-investor JSR, making Kumho Polychem a wholly owned subsidiary starting in July 2021.
Capacity
world's 4th largest production capacity based on EPDM
ProductsEPDM synthetic rubbereco-friendly rubber (TPV)
“Kumho Petrochemical announced on the 11th that it will acquire a 50% stake in its affiliate Kumho Polychem from co-investor JSR.”asiae.co.kr
- 2 sources
- asiae.co.krKumho Petrochemical Strengthens Synthetic Rubber Business by Making Kumho Polychem a 100% Subsidiary - The Asia Business DailyKang NahumMay 11, 2021
- european-rubber-journal.comKumho Petrochemical acquiring full ownership of synthetic rubber JV | European Rubber JournalJun 3, 2021
Summarized from public sources; check the original articles before acting on it.
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