Sumitomo Chemical acquires Turkish PP compound producer Emas Plastik

Sumitomo Chemical, through its UK subsidiary Sumika Polymer Compounds Europe, has acquired Turkish plastics firm Emas Plastik to expand its polypropylene compound production and sales operations, particularly for the European automobile industry. The deal value was not disclosed.

“Sumitomo Chemical has acquired Turkish plastics firm Emas Plastik as part of a strategy to expand its polypropylene (PP) compound production and sales operations and tap growing demand, particularly from the automobile industry.”argusmedia.com

• 1 source
• argusmedia.comSumitomo Chemical adds to global PP compound operations | Latest Market NewsMar 25, 2024

Summarized from public sources; check the original articles before acting on it.