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Asahi Kasei and Mitsui Chemicals have agreed to combine their spunbond nonwovens businesses in Japan and Thailand into a new joint venture, tentatively set to form on October 2, 2023.
“both parties have agreed on a business integration agreement that aims to carry on the operations that both companies run in Japan and Thailand for the production, development and sale of nonwovens products.”nonwovensnews.com
Summarized from public sources; check the original articles before acting on it.