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Zeon to take full ownership of ZS Elastomers from Sumitomo Chemical · Endata

◂ Announcements

Specialty Chemicalsworld trade 2024+2.3% 5Y CAGR

Jun 14, 2024ACQUISITIONTokyo, Japan, Japan

Zeon to take full ownership of ZS Elastomers from Sumitomo Chemical

Zeon Corp. will acquire Sumitomo Chemical's 40% stake in ZS Elastomers, a solution styrene-butadiene rubber joint venture, making it a wholly owned subsidiary effective October 1, 2024.

Status

Announced

Productssolution styrene-butadiene rubber (SSBR)

CompaniesZeon Corp acquirer Sumitomo Chemical target ZS Elastomers target

Sectors#Specialty Chemicals

“Zeon will dissolve the JV and then make it a ‘wholly owned subsidiary’ on 1 Oct.”european-rubber-journal.com

1 source
european-rubber-journal.comZeon taking over ownership of elastomers JV with Sumitomo Chemical | European Rubber JournalJun 14, 2024

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

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