# Daicel and Inabata to establish joint venture Novacel for resin coloring and compounding

Daicel Corporation and Inabata & Co., Ltd. have entered into a stock purchase agreement and joint venture agreement to establish Novacel Co., Ltd., which will succeed Daicel group's research, development, and sales in resin coloring and compounding. Novacel will commence operations on July 1, 2024.

- Type: Partnership
- Announced: 2024-03-19
- Where: Osaka, Japan
- Status: announced
- Products: resin coloring and compounding
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Daicel Corp.](https://endata.com/companies/23091.md) (partner)
- [Inabata & Co., Ltd.](https://endata.com/companies/76301.md) (partner)
- [Novacel Co., Ltd.](https://endata.com/companies/76302.md) (target)

## Sources

- [daicel.com](https://www.daicel.com/en/news/2024/20240319_951/), 2024-03-19: "Daicel and Inabata have entered into the stock purchase agreement regarding the transfer of 66.7% stake of Novacel, which Daicel will establish to succeed the resin business conducted by Daicel Miraizu Ltd."

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