# Shin-Etsu Chemical acquires dry adhesion technology from Setex Technologies

Shin-Etsu Chemical has acquired a biomimetic dry adhesion technology from Setex Technologies and will market it under the name ShineGrip for industrial applications. The agreement was announced on April 22, 2024.

- Type: Acquisition
- Announced: 2024-04-22
- Status: announced
- Products: biomimetic dry adhesion technology, ShineGrip adhesive technology
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Shin-Etsu Chemical](https://endata.com/companies/25085.md)
- [Shin-Etsu Chemical](https://endata.com/companies/25085.md) (acquirer)
- [Setex Technologies](https://endata.com/companies/76954.md) (target)

## Sources

- [shinetsu.co.jp](https://www.shinetsu.co.jp/jp/news/news-release/%E4%BF%A1%E8%B6%8A%E5%8C%96%E5%AD%A6%E3%80%81%E6%96%B0%E5%BC%8F%E3%81%AE%E6%8E%A5%E7%9D%80%E6%8A%80%E8%A1%93%E3%80%8Cshinegriptm%E3%80%8D%E3%81%A7%E5%B8%82%E5%A0%B4%E9%96%8B%E6%8B%93%E9%96%8B%E5%A7%8B/), 2024-04-22: "信越化学は、このたびSetex Technologies, Inc.より同社の開発した「生物模倣による乾式接着技術」を取得し、市場開拓を進めることで合意しました。"
- [shinetsu.co.jp](https://www.shinetsu.co.jp/en/news/news-release/shin-etsu-chemical-to-start-developing-a-new-market-with-shinegrip-a-new-type-of-adhesive-technology/), 2024-04-22: "Shin-Etsu Chemical agreed to acquire a dry adhesive technology that utilizes biomimicry developed by Setex Technologies, Inc."

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