# Polyplastics acquires Daicel's shares in Daicel-Evonik joint venture

Polyplastics Co., Ltd. acquired shares of Daicel-Evonik Ltd. from Daicel Corporation on December 1, 2021. The joint venture will be renamed Polyplastics-Evonik Corporation on April 1, 2022.

- Type: Acquisition
- Announced: 2021-12-01
- Where: Japan
- Status: completed
- Products: polyamide 12, PEEK, engineering plastics
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Polyplastics Co.](https://endata.com/companies/23089.md) (acquirer)
- [Daicel Corp.](https://endata.com/companies/23091.md) (target)
- [Daicel-Evonik](https://endata.com/companies/59796.md) (target)

## Sources

- [polyplastics-global.com](https://www.polyplastics-global.com/en/news/2021/12/17/859.html), 2021-12-17: "Polyplastics Co., Ltd. has acquired shares of Daicel-Evonik Ltd. from Daicel Corporation on December 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.