# 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.

- Type: Acquisition
- Announced: 2024-09-27
- Where: Nantong, China
- Value: $40.6M (285.0M CNY)
- Status: announced
- Products: superabsorbent polymers, diaper materials, sanitary napkin materials
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Sanyo Chemical Industries](https://endata.com/companies/15157.md) (target)
- [Jiangtian Chemical](https://endata.com/companies/80121.md) (acquirer)
- [San-Dia Polymers (Nantong)](https://endata.com/companies/80122.md) (target)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/jiangtian-surges-on-plan-to-buy-sanyo-chemicals-china-diaper-plant-for-usd406-million), 2024-09-30: "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."

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