# 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.

- Type: Acquisition
- Announced: 2021-05-11
- Where: South Korea
- Status: announced
- Capacity: world's 4th largest production capacity based on EPDM
- Products: EPDM synthetic rubber, eco-friendly rubber (TPV)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [JSR Corporation](https://endata.com/companies/23191.md) (partner)
- [Kumho Polychem](https://endata.com/companies/34123.md) (target)
- [Kumho Petrochemical](https://endata.com/companies/45104.md) (acquirer)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/en/article/2021051119092336665), 2021-05-11: "Kumho Petrochemical announced on the 11th that it will acquire a 50% stake in its affiliate Kumho Polychem from co-investor JSR."
- [european-rubber-journal.com](https://www.european-rubber-journal.com/article/2071172/kumho-petrochemical-acquiring-full-ownership-of-synthetic-rubber-jv), 2021-06-03: "The acquisition, Kumho Petrochemical said, was 'a proactive attempt' to strengthen its competitive advantage as it anticipated a deficit in global EPDM production."

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