# Mitsui Chemicals and Asahi Kasei to merge nonwovens businesses

Mitsui Chemicals and Asahi Kasei plan to merge their nonwovens businesses into a new company, Mitsui Chemicals Asahi Life Materials Co., headquartered in Tokyo. Mitsui will hold slightly over 60% of the shares. The merger is expected to take effect on October 2, 2023, pending regulatory approvals in Japan and Thailand.

- Type: Partnership
- Announced: 2023-06-01
- Where: Tokyo, Japan, Japan
- Status: announced
- Products: nonwovens, spunbond nonwovens, filter nonwovens
- 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

- [chemnews.com.cn](https://www.chemnews.com.cn/c/2023-06-01/717540.shtml), 2023-06-01: "三井化学（Mitsui Chemicals）和旭化成（Asahi Kasei）表示，两家公司暂定将于2023年10月2日成立一家新的公司，将非织造布业务合并在一起。"

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