Covestro increases stake in DIC Polymers to 80% to expand TPU business

Covestro increased its shareholding in Japanese joint venture DIC Polymers GmbH from 50% to 80%, aiming to accelerate its TPU business expansion. The investment is tens of millions of euros, expected to close in early Q2 2019.

“Our two companies have established a strong and long-term cooperation relationship, and we have a deep understanding of future growth potential, which makes this share acquisition suitable for Covestro.”51dmapa.com

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• 51dmapa.com<b> becomes the largest shareholder of japanese joint venture dic to expand its tpu business</b>_MorpholineAug 31, 2023

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