# Runjing Chemical acquires two Sumitomo Chemical plants in China

Runjing Chemical announced the full acquisition of Sumitomo Chemical Electronic Materials (Hefei) Co., Ltd. and Sumitomo Chemical Electronic Materials (Chongqing) Co., Ltd. from Sumitomo Chemical. The two subsidiaries produce etchants, developers, and peelers for flat panel displays.

- Type: Acquisition
- Announced: 2024-04-16
- Where: Hefei and Chongqing, China
- Status: announced
- Products: etchants, developers, peelers for flat panel displays
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Sumitomo Chemical](https://endata.com/companies/20503.md) (target)
- [Runjing Chemical](https://endata.com/companies/76897.md) (acquirer)

## Sources

- [trendforce.com](https://www.trendforce.com/news/2024/04/18/news-three-semiconductor-companies-announced-latest-acquisitions/), 2024-04-18: "Runjing disclosed that it has reached an agreement on the full acquisition of Sumitomo Chemical’s subsidiaries, Sumitomo Chemical Electronic Materials (Hefei) Co., Ltd. and Sumitomo Chemical Electronic Materials (Chongqing) Co., 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.