Jiangtian Chemical to acquire Sanyo Chemical's China SAP plant for $40.6M

Jiangtian Chemical will buy 100% of San-Dia Polymers (Nantong), the largest superabsorbent polymer factory in China, from Sanyo Chemical Industries for CNY285 million ($40.6 million). The deal includes intangible assets of production technology and trademarks at a price to be determined.

“Jiangtian Chemical will purchase 100 percent equity in San-Dia Polymers (Nantong), which is the biggest superabsorbent polymer factory in China, for CNY285 million in cash.”yicaiglobal.com

• 1 source
• yicaiglobal.comJiangtian Surges on Plan to Buy Sanyo Chemical’s China Diaper Materials Plant for USD40.6 MillionTang ShihuaSep 30, 2024

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