# 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.

- Type: Acquisition
- Announced: 2024-03-25
- Where: Turkey, Türkiye
- Status: completed
- Products: polypropylene compounds, recycled PP compounds
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Sumika Polymer Compounds Europe](https://endata.com/companies/7620.md) (acquirer)
- [Sumitomo Chemical](https://endata.com/companies/20503.md) (acquirer)
- [Emas Plastik A.S.](https://endata.com/companies/39975.md) (target)

## Sources

- [argusmedia.com](https://www.argusmedia.com/en/news-and-insights/latest-market-news/1952642-sumitomo-chemical-adds-to-global-pp-compound-operations), 2024-03-25: "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."

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