# Asahi Kasei and Mitsui Chemicals to combine spunbond nonwovens businesses in joint venture

Asahi Kasei and Mitsui Chemicals have approved a final agreement to transfer their spunbond nonwovens businesses to a new joint venture company, effective October 2, 2023.

- Type: Partnership
- Announced: 2023-02-13
- Where: Japan
- Status: announced
- Products: spunbond nonwoven fabrics
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Asahi Kasei](https://endata.com/companies/8888.md) (partner)
- [Mitsui Chemicals](https://endata.com/companies/19809.md) (partner)

## Sources

- [technicaltextiles.in](https://technicaltextiles.in/japans-asahi-kasei-mitsui-to-combine-spunbond-nonwovens-businesses/), 2023-02-13: "Asahi Kasei has announced that its board of directors has approved a final agreement regarding the transfer of business related to the development, manufacturer, and sale of spunbond nonwoven products to a joint venture company to be established by joint incorporation-type company separation with Mi"
- [technical-textiles.textiletechnology.net](https://technical-textiles.textiletechnology.net/news/asahi-kaseimitsui-chemicals-new-jv-to-combine-spunbond-nonwovens-208952), 2023-02-13: "A final agreement regarding the transfer of business related to the development, manufacture, and sale of spunbond nonwovens products to a newly established joint venture (JV) company has been approved by Asahi Kasei’s Board of Directors."

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